Entity Dossier
Company

Hudson

Strategic Concepts & Mechanics

Competitive AdvantagePioneer Buyer Leverage With ManufacturersCapital StrategyAsset Rich Cash Poor as Permanent StateRelationship LeveragePersonal Intelligence Network Before Every MeetingSignature MoveIrish Whiskey and a Handshake to CloseCornerstone MoveSwallow Competitors Whole When Cash-PoorIdentity & CultureLoyalty Repaid With LoyaltyDecision FrameworkNon-Refundable Deposits as Commitment TheaterCornerstone MoveTurn Cost Drains Into Cash MachinesSignature MoveScrew the Bankers, Let's Do ItSignature MoveCasting Director Not OperatorStrategic PatternProduction Over Exploration ImmunityCornerstone MoveDouble the Bet on the Last RollSignature MoveCliff-Edge Comfort as Strategic WeaponSignature MoveKeith Stanford's Briefcase as Survival SystemStrategic PatternMonopoly Through Sequential AcquisitionStrategic PatternGrowth Companies in DisguiseDecision FrameworkHistory Over Accounting as FoundationCapital StrategyLearn-Earn-Return Lifecycle of CapitalCornerstone MoveCompounding Requires Never Spending the CapitalRisk DoctrinePanic-Proof Through Private ValuationDecision FrameworkCheap Stocks Deserve Their Price Until Proven OtherwiseSignature MoveShelby Jr: Small-Cap Contrarian After Bear MarketsCornerstone MoveCrisis Creates Opportunity: Buy When Blood RunsSignature MoveShelby Cullom Davis: Dowager's Living Room PortfolioCornerstone MoveOwn the Money Business, Never the FactoryCornerstone MoveDavis Double Play: Earnings Growth Plus Multiple ExpansionRisk DoctrineEmerging Market Enthusiasm as Charitable DonationSignature MoveDavis Sr: Margin as Focus Fuel Not Just LeverageSignature MoveDavis Sr: Silver Bullet Competitor Question

Primary Evidence

"Over time, no one admired Craig Dobbin and valued his compan50 ionship more than Hudson did. In 1992 a roast celebrating Hudson’s upcoming marriage was held at Toronto’s Skydome Hotel, with all proceeds going to charity. Most of the all-male audience comprised representatives of Canada’s financial community. Dobbin, unable to attend, sent a telegram pledging $5,000 to charity but offering to double the amount if Hudson dropped his trousers and mooned the Bay Street heavyweights. Hudson agreed. The belt was unfastened and the trousers were lowered. Almost fifteen years later, Dobbin would return the gesture under different circumstances, before a somewhat different audience."

Source:One Hell of a Ride - How Craig Dobbin Built the World's Largest Helicopter Company

"spending so much time in such miserable weather while the man who owed him a substantial amount of money played cat and mouse with Hudson’s own aircraft. Dobbin’s strategy, Hudson gathered, was to assume that Hudson would give up his attempts to seize the aircraft and return to Toronto.-Hudson promised himself he would not leave until he settled the issue. On the third day, Hudson received a telephone call at his suite in the Hotel Newfoundland. It was Craig Dobbin. “You know,” Dobbin said, “a dumb Upper Canadian will keep running around this province looking for those damn planes. But a real man will come have an Irish whiskey with me and settle it.”"

Source:One Hell of a Ride - How Craig Dobbin Built the World's Largest Helicopter Company

"How could mergers depress an economy? Davis explained as follows. Big companies combined to make bigger companies, until a few names (General Electric, DuPont, GeneralMotors, and U.S. Steel) dominated their respective industries. With these giants throwing their weight around, smaller, more innovative enterprises scrambled to survive. In the auto industry alone, a procession of car makers (Stutz, Reo, Auburn, Hupmobile, Willys-Overland, Hudson, Packard, Studebaker, and others) went bankrupt or were consumed by more powerful rivals."

Source:The Davis Dynasty

Appears In Volumes