Organization
Organization

Soviet Union

6 Books6 Highlights95 Themes

Soviet Union appears across 6 books, with 6 highlights.

Books

Notes

Most coverage

Francois Pinault has the strongest coverage in these notes.

Recurring themes

Empty Desk, Full Delegation, Loyalty Earned by Personal Generosity, Blow Up the Entire Chain at Once

Start here

There is already a regular shuttle of boats working for him between Saint-Malo, Sweden, Finland and even the Soviet Union. In less than four years, he has radically eliminated intermediaries from his import chain and mo…

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Answers use only the 6 books and 6 highlights on this page.

Highlights

"There is already a regular shuttle of boats working for him between Saint-Malo, Sweden, Finland and even the Soviet Union. In less than four years, he has radically eliminated intermediaries from his import chain and modernized it to the extent of the revolution in communications that we are now beginning to see the first signs of. It is a global qualitative leap where François Pinault is no longer just attacking routine."

Francois Pinault

"The engineering state, citing socialism with Chinese characteristics, is set up to give people one main thing: material improvements, mostly through public works. The engineering state builds big in part because it’s made up of self-professed communists who grew up admiring the Soviet Union. Communist Party leaders like Xi Jinping studied in an educational system steeped in Marxism. For them, production was a noble deed to advance communism, while consumption was a despicable act of capitalism. This party believes that only the state has the wisdom to invest in strategic megaprojects, whereas consumers will waste money on themselves. It is hostile to ordinary people having much command of resources, which empowers an individual’s agency rather than the state’s."

Breakneck

"The disintegration of the Soviet Union, combined with apparent return of East Germany to democracy and to capitalism, stirred the strategic as well as the emotional fires in Peter Munk’s European soul. As he puts it, “Geopolitical events bring with them major economic changes—and that’s the time to make big money.” He immediately understood that there would be opportunities to restore Berlin to its prewar grandeur, and to do so profitably. Another possibility was to acquire and develop lands close to and within the social and economic orbit of Berlin."

The Golden Phoenix : A Biography of Peter Munk

"In the developing world, it was often impossible to manage the transport of fresh milk from dairies to consumers. They couldn’t afford refrigerated trucks, nor the expensive metal tin cans. On all of Torudd’s travels in the third world, he was therefore constantly asked when there would be a tetra for aseptic milk. “Soon,” he had answered. In a considerable number of cases, he then received the information that it was currently not relevant to purchase the tetra system. “But if you come back with an aseptic package… Well, then things would naturally be in a completely different situation,” he was often told. Now the moment had arrived. And the aseptic packaging not only opened up many poor countries for Tetra Pak, but also a large and relatively well-developed country like the Soviet Union. The Soviet planned economy system resulted in large quantities of fresh food, including milk, being destroyed during the hopelessly long transports. This was because the planners had concentrated the industries in certain locations, while the market could be the entire country. Products were often transported from one end of the vast country to the other. But now, Tetra Pak with its aseptic tetrahedron could solve the problems that the communist regime had created."

Tetra

"“This is a sympathetic film about a communist, and while you may think it’s amusing for a capitalist company to do this, I work for a protocapitalist, Charles Bluhdorn. I don’t talk to Charlie about decisions to make a movie or not make a movie, but for this one I have to. I can’t put Gulf + Western in a position of being taken by surprise by the controversy this film will cause.” We were still very much in the Cold War with the Soviet Union (it would be ten more years before it would collapse). When the idea was put to Bluhdorn, he surprised us by saying that of course Gulf + Western would support the movie. He said the greatest thing about America is its tolerance, even encouragement, of open discussion on any subject."

Who Knew

"The gold rush began early in 1978, and the starting point was the least likely for the arch-capitalist John Fredriksen, namely East Germany. Ocean Tanker managed the entire East German tanker fleet, eight ships, and Northern Shipping brokered all the shipments. The Soviet Union supplied the Germans with oil, but occasionally turned off the taps, and then the Germans themselves had to send their ships to friendly Iraq and exchange for oil. Otherwise, Ocean Tanker controlled the fleet, but this limited freedom of action meant that the price Ocean Tanker paid was low. Much lower than what a skilled broker could achieve for individual trips in the market."

Storeulv (translated)

Themes

Empty Desk, Full DelegationLoyalty Earned by Personal GenerosityBlow Up the Entire Chain at OnceA Sale Is a Debt Until CollectedSell the Cargo Before It DocksCrisis as Acceleration FuelThink France When Still in BrittanyStorm the Blockade, Then Recruit AlliesDebt as Offensive WeaponSpeed Over Size at Every StageHumiliation Converted to Conquest EnergyControl Transformation Not Raw MaterialBridges to Nowhere Become SomewhereFactory Floor Innovation Beats Lab BreakthroughsTolerate Low Profits to Cultivate Deep WorkforceMaking Money Is the Core CompetenceEngineering State vs. Lawyerly SocietySue the Bastards Becomes the BastardSanctions Ignite Domestic SubstitutionScaling Beats Inventing: Climb Your Own LadderOpen the Door, Then Climb Past Your TeacherSmartphone War Peace DividendsEvery Factory Closure Is a Permanent Brain DrainProximity Collapses Coordination to HoursCompletionism: Never Cede a Rung of the LadderConservative Marxists and Reaganite CommunistsRotate Officials, Incentivize Vanity ProjectsProcess Knowledge Lives in People, Not BlueprintsTrillion-Dollar Regulatory ThunderboltsNo Cross-Pledging of Crown JewelsDeals Hated, Strategy LovedNever Run Out of Cheque-Writing TimeShare the Pie to Keep the TableEcho Bay Model Then Surpass ItKlosters Mountain as Strategic War RoomRefugee Hunger as Permanent EngineWritten Memo Then Unanimous Sign-OffReturn to Canada Only With SuccessBuy Producing Assets at Cycle Bottom, Never ExploreTrust Mining Operators Then Stay AwayFocus as Compensation for Ordinary TalentBorrow Against the Asset to Buy the AssetGeopolitical Disruption as Buy SignalScarcity Premium as Entry SignalControl Without Majority OwnershipSell Abroad Before Selling at HomeSupplier Credit as Venture CapitalCopy the Machine Then Outrun the PatentFraud-Proof Packaging as Market MakerDeveloping World as First-Best CustomerPatriarch Approves Accounts Until DeathKill the Cash Cow to Feed the TigerRent the Razor, Sell the PaperTwenty-Year Technical Lead as MoatSecrecy So Total Hotel Staff Cannot CleanOpen Door Cancels Any Meeting for a New IdeaOffshore Commission Architecture as Dynasty ShieldBuy the Entire Milk Chain from Udder to ShelfNon-Family Crisis Manager as Dynasty InsuranceService Guarantee as Lock-In MechanismDynasty Tax Drives Every Structural DecisionDisciplined Imagination Over Pure InventionDenial as Quality ControlPrincipal or Employee, No Middle GroundInstinct Over Data as Decision DoctrineOne Dumb Step Then Course-Correct at SpeedCreative Conflict as Decision EngineSerendipity as Career Navigation SystemControl Hardwired or Walk AwayHire Sparky Blank Slates Over Credentialed VeteransContrarian Counterprogramming as Market EntryScreens as Interactive Commerce SurfacesSeize Mismanaged Clay and Sculpt ItCash the Lucky Check ImmediatelyMaterial First, Never the PackageFearlessness Borrowed from Greater TerrorDrill to Molecular Understanding Before ActingSpin Out What You Build, Never Hoard ScaleTorture the Process Until Truth RingsOutsider-to-Kingpin Control LoopsWinning Through Distressed TakeoversCourt of Brokers and Right HandsAsset Cycling to Capture VolatilityNo-Sentiment Steel DisposalOption-Loaded Contract StructuresTax Residency as Strategic MoatMicro-Managed Outsourced OperationsBuy Control, Outsource OperationsInformation Edge from Broker WebNo Sentiment for Old SteelShareholder Cash-Flow RelentlessnessDeal-First, Fix-Later MentalityDeal With Myself for Maximum LeverageFlags and Structures as ShieldsRisk Appetite As Primary Weapon