Entity Dossier
entity
Bill Considine
Strategic Concepts & Mechanics
Strategic ManeuverLeveraged Buyouts Solve the Owner's Estate Trap
Structural VulnerabilityRaw Land Is the Worst Inflation Hedge
Mental ModelAvoid Catastrophe Before Chasing Growth
Strategic PatternMarket Price Chronically Understates Intrinsic Value
Mental ModelInvest in Your Own Company, Not Tax Shelters
Identity & CultureReturn-on-Assets Incentives Over Profit-Sharing
Structural VulnerabilityGreed-Driven Capital Floods Kill Every Gold Rush
Operating PrincipleMandatory Sabbaticals Prevent Executive Burnout
Mental ModelTake the First Loss or Drown in Ten
Capital StrategyPension Funds in High Cash Flow, Not Stocks
Risk DoctrineBoth-Sides Dealing Invites Derivative Suits
Strategic ManeuverUnrelated Diversification as Cycle Insurance
Structural VulnerabilityNew Capacity Destroys Its Own Price Forecast
Risk DoctrineBrilliant Chairman as Single Point of Failure
Strategic ManeuverBuy Leaders in Small Ponds, Never Minnows in Oceans
Implementation TacticStop the Party While Everyone's Dancing
Implementation TacticOpen-Ended Incentives Beat Capped Payouts
Primary Evidence
"ADVICE: Don't throw in the sponge too soon on some investments. Ifyou have a competent businessman like Bill Considine who is willing to tackle the job of rehabilitating a loser, give him a chance—he may perform a miracle the way Bill has at Photo Systems."
Source:How to Lose $100,000,000 and Other Valuable Advice