Showing posts with label Billions. Show all posts
Showing posts with label Billions. Show all posts

Wednesday, May 1, 2024

More courage to take risks , being bold

It is about getting better...

Axelrod is a hedge fund.  I do not know much about hedge fund and or how it outperforms the market.

There were examples that show how timid I am/was in taking advantage of opportunities

     1.  When Axe shorted and all the shares were not available, he would be ruined if he did not
          have the shares.  When he did find the holder of shares, he was charged 25% which Axe 
          took rather than taking huge loss.

    2   When a new company was formed by start ups and needed funding, he charged 40% for the seed
          money.

On many  occasions, this post gave advice for 0 fees, and  charged legal rate, 6% for support php

I should be more greedy?  Higher returns.     Really it is about your appetite.   

Too much treachery (and or lack of loyalty) (still about Billions) - trust no one

It is about getting better...

This has plagued many companies.  Axe struggled with this:

     His wife Lara was more interested in her $ and was planning to transfer to California when he was'
     jailed.

    Taylor put up her own company after Axe trained her as CIO when the former had a case,

    Rhoades went against boss Joc while still State Atty, and his staff Bryan stabbed him the back too

    Rebecca Canu went into deal with Taylor backstabbing Axe.  All the while Axe was buying shares for
    her including the supplier.   Axe countered by going into a deal with biggest lender to be a majority 
    stockholder to unseat Rebecca as CEO and sell her retail company (which unfortunately is losing,              bleeding a lot o money

   Thus Andrew Grove was right.   Only the paranoid survey.  Trust no one

    It has happened to me that two projects were taken away from beneath my feet by people
    I trust:  the EVP, the project engineer, my sister.

   My brothers and sisters to whom I dedicated my efforts to build the company removed me from the
   board (using a provision of the law that the Board can actually do that.) Unfortunately my brother who
   led the uprising has died


While others build, others destroy (still on Billions)

It is about getting better...

We dont take sides but it is evident that in the setting of the series, a group of people build by raising capital, investing in ventures that move the country forward.

But equal efforts have been put by regulators while making sure that wrongdoings and violation of rights of citizens are not committed, abuse of power, misplaced focus, blunt such efforts in nation building

A debate on what is right and wrong

Need for a Performance coach (still from Billions)

It is about getting better...

Dr Wendy Rhoades, the beautiful wife of the AG in Billions worked as performance coach  of Axel, an important partner for Axe.   The one on one sessions with the staff about their potential, being aware of that and doing something for that helped them achieve the billions and success

But abusing the patient dr confidentiality got her in to trouble

Lessons from Billions

It is about getting better...

A lot of lessons can be learned in the series Billions

1   Dont quit
2.  Be focused
3.  Make things happen.  Create the events for your success
4.  Whether you are tycoon or a prosecutor, your negotiation skills are what that matters.  Not
     rely on your school or what you learned in college
5.  Win some lose some.   Admit that sometime you make mistakes
6.  Think always of 3 things to make yourself grow, your department or business
7.  For a businessman, you have to sacrifice personal gains over corporate, or profits

      1.  For Axe, he dumped Rebecca Canu, his lover over earning a lot over Saler
           closure and liquidation.   Rebecca has a dream,  sacrificing for corporate gains
      2.  Taylor dumping his father in favor of bigger gain
8.  Feel and solve problems as if you are about to be jailed or nailed
9.  Focus on say php, not on revenge or restitution.  These things cloud your judgement and your goals
      and vision