Entity Dossier
entity

Bill Parcells

Strategic Concepts & Mechanics

Signature MoveStiritz: Poker-Player Odds on Back-of-Envelope LBOs
Operating PrincipleBlank Calendar as Competitive Edge
Cornerstone MoveOne-Page Analysis Then Pounce
Signature MoveMalone: Scale as Virtuous Cycle, Tax as Obsession
Cornerstone MoveAnarchic Decentralization, Dictatorial Capital Control
Risk DoctrineInstitutional Imperative as CEO Kryptonite
Decision FrameworkHurdle Rate as Supreme Filter
Signature MoveSingleton: Phone Booth Tender at All-Time-Low Multiples
Cornerstone MoveSuction Hose Buybacks at Maximum Pessimism
Cornerstone MoveCash Flow as True North, Not Reported Earnings
Signature MoveAnders: Sell Your Favorite Division Without Blinking
Identity & CultureEngineers Over MBAs at the Helm
Competitive AdvantageConcentrated Bets Over Diversified Dribbles
Signature MoveMurphy: Leave Something on the Table Then Lever Up
Capital StrategyTax Counsel Before Every Transaction
Operating PrinciplePer-Share Value Not Longest Train
Signature MoveBuffett: Float Flywheel from Insurance to Empire
Strategic PatternGreedy When Others Are Fearful
Strategic PatternPost-Crash Cash Surplus as Catalyst
Signature MoveSalesman's Letters to Build the War Chest
Signature MoveFour Sentences or Get Out
Signature MoveShadow Portfolio Scorekeeping
Capital StrategyFree Cash Flow as True North
Signature MoveHire Athletes With Ethics Not Just Analysts
Cornerstone MoveGraham-Dodd Deep Dig Then Global Macro Extraction
Cornerstone MoveStory Intact Then Double Down, Story Broken Then Walk Away
Operating PrincipleNo Market, Only Companies
Relationship LeverageTiger Cubs as Living Legacy
Decision FrameworkComplexity as Disqualifier

Primary Evidence

"It’s almost impossible to overpay the truly extraordinary CEO . . . but the species is rare. —Warren Buffett You are what your record says you are. —Bill Parcells Success leaves traces. —John Templeton"

Source:The Outsiders_ Eight Unconventional CEOs and Their Radically Rational Blueprint for Success

"Siris wrote that there were two possibilities why Robertson suddenly turned cold. One was that he, like many athletes, just got too old for his game, no different than the "star pitcher who losses a little zip from his fastball or the formerly great skater who can no longer land the triple-lutz." The second was that Robertson was still a great investor, but that his style was tem- porarily not working. "While he did have a rough period, great investors do not suddenly lose their touch," he wrote. Siris called him the MichaelJordan of hedge fund managers, stating that he believed almost no one had a more disciplined style or a better record. He analogized Robertson's fall from grace to when the New York Jets were losing every game in the fall of 1999. Fans were not calling Coach Bill Parcells to be fired; the fans knew he was a great coach, they realized he was just in the middle of a losing streak.^"

Source:Julian Robertson - A Tiger in the Land of Bears and Bulls

Appears In Volumes