Entity Dossier
entity

Hudson

Strategic Concepts & Mechanics

Competitive AdvantagePioneer Buyer Leverage With Manufacturers
Capital StrategyAsset Rich Cash Poor as Permanent State
Relationship LeveragePersonal Intelligence Network Before Every Meeting
Signature MoveIrish Whiskey and a Handshake to Close
Cornerstone MoveSwallow Competitors Whole When Cash-Poor
Identity & CultureLoyalty Repaid With Loyalty
Decision FrameworkNon-Refundable Deposits as Commitment Theater
Cornerstone MoveTurn Cost Drains Into Cash Machines
Signature MoveScrew the Bankers, Let's Do It
Signature MoveCasting Director Not Operator
Strategic PatternProduction Over Exploration Immunity
Cornerstone MoveDouble the Bet on the Last Roll
Signature MoveCliff-Edge Comfort as Strategic Weapon
Signature MoveKeith Stanford's Briefcase as Survival System
Strategic PatternMonopoly Through Sequential Acquisition
Strategic PatternGrowth Companies in Disguise
Decision FrameworkHistory Over Accounting as Foundation
Capital StrategyLearn-Earn-Return Lifecycle of Capital
Cornerstone MoveCompounding Requires Never Spending the Capital
Risk DoctrinePanic-Proof Through Private Valuation
Decision FrameworkCheap Stocks Deserve Their Price Until Proven Otherwise
Signature MoveShelby Jr: Small-Cap Contrarian After Bear Markets
Cornerstone MoveCrisis Creates Opportunity: Buy When Blood Runs
Signature MoveShelby Cullom Davis: Dowager's Living Room Portfolio
Cornerstone MoveOwn the Money Business, Never the Factory
Cornerstone MoveDavis Double Play: Earnings Growth Plus Multiple Expansion
Risk DoctrineEmerging Market Enthusiasm as Charitable Donation
Signature MoveDavis Sr: Margin as Focus Fuel Not Just Leverage
Signature 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