Entity Dossier
Person

Saul Steinberg

Strategic Concepts & Mechanics

Strategic PatternProcess of Bites, Not Grand PlansDecision FrameworkCash Flow Over Earnings as Debt Survival TestRelationship LeverageHighly Confident as Substitute for Actual CapitalCapital StrategyInterest Deductibility as Leveraged Assault FuelCompetitive AdvantageNOL as Bidding War Nuclear OptionSignature MoveSpeed-of-Sale as Debt Survival DoctrineSignature MoveLawyer as Deal Principal, Not Hired GunSignature MoveParis Apartment DisciplineSignature MoveAll Debt Disguised as EquityCornerstone MoveBuy the Whole, Sell Everything But the Crown JewelCornerstone MoveBlind Pool Before the Target ExistsCornerstone MoveBribe the Gatekeeper, Storm the CastleCornerstone MoveBankruptcy's Tax Corpse as Acquisition WeaponCompetitive AdvantageTax Arbitrage as Structural WeaponOperating PrincipleProfessional Manager Decay Across GenerationsRisk DoctrineNever Cut Back a Committed DealSignature MoveMilken: Four-Thirty AM Cathedral-Builder With No OfficeCapital StrategyVenture Capital Masquerading as DebtSignature MovePeltz: Spittle-on-the-Check Persistence from Near-BrokeSignature MovePerelman: Borrowed $1.9M to a Boeing 727 in Seven YearsCornerstone MoveManufactured Credibility from Thin AirDecision FrameworkContra-Thinking as Default Mental Operating SystemIdentity & CultureForced Savings as Loyalty HandcuffsCornerstone MoveCash Flow Over Earnings as the Only TruthCornerstone MoveBuy the Core, Sell the Pieces, Erase the DebtSignature MoveKingsley: Mount Everest Desk, Twenty-Year Sounding BoardSignature MoveIcahn: Wrestling-a-Ghost Negotiation Until the Last PennyCornerstone MoveOwner's Equity as the Non-Negotiable DisciplineSignature MovePerot: Obscene Demands Until They Stop Saying NoSignature MoveBuffett: Insurance Float as a Super Margin AccountSignature MoveHuizenga: Close in the Stench Until They Say YesCornerstone MoveSteal the Playbook, Then Outrun the AuthorRisk DoctrineLuck Acknowledged Then Ruthlessly ExploitedIdentity & CultureJoy in the Chase Not the PrizeCapital StrategyHold Your Equity Until It Compounds Past Nine FiguresIdentity & CultureThick Skin Inherited or Forged by FireCornerstone MoveConsolidate Fragmented Industries at Blitzkrieg SpeedCornerstone MoveNobody Got Rich Watching from the StandsStrategic PatternHigh-Growth Industry as the Only On-RampCapital StrategyInsurance Float as Empire FoundationSignature MoveKerkorian: Sell Before the Peak, Never Pick the Bone CleanRelationship LeveragePolitical Access as Wealth Multiplier Not Wealth CreatorCornerstone MoveKeep the Back Door Open on Every BetOperating PrincipleFrugality as Permanent Competitive MoatSignature MoveWalton: Spy on Every Competitor Then Outwork Them AllSignature MoveRockefeller: Silent Desk, Then Swivel-Chair Knockout

Primary Evidence

"T. Boone Pickens, Carl Icahn, Irwin Jacobs, Sir James Goldsmith, Oscar Wyatt, Saul Steinberg, Ivan Boesky, Carl Lindner, the Belzbergs—and lesser lights about to shine, such as Nelson Peltz, Ronald Perelman, William Farley."

Source:The Predators' Ball

"Carl Lindner through American Financial, Saul Steinberg through Reliance Insurance, Meshulam Riklis through Rapid-American, Victor Posner through several of his companies, the Belzbergs through a number of their companies, and others—who issued their own paper and bought one another’s and traded, with Milken the nexus for it all."

Source:The Predators' Ball

"T. Boone Pickens, Saul Steinberg, Oscar Wyatt, Carl Icahn, Ronald Perelman, Sanford Sigoloff, William Farley—"

Source:The Predators' Ball

"T. Boone Pickens, Carl Icahn, Irwin Jacobs, Sir James Goldsmith, Oscar Wyatt, Saul Steinberg, Ivan Boesky, Carl Lindner, the Belzbergs—and lesser lights about to shine, such as Nelson Peltz, Ronald Perelman, William Farley."

Source:Predator's Ball

"Carl Lindner through American Financial, Saul Steinberg through Reliance Insurance, Meshulam Riklis through Rapid-American, Victor Posner through several of his companies, the Belzbergs through a number of their companies, and others—who issued their own paper and bought one another’s and traded, with Milken the nexus for it all."

Source:Predator's Ball

"T. Boone Pickens, Saul Steinberg, Oscar Wyatt, Carl Icahn, Ronald Perelman, Sanford Sigoloff, William Farley—were"

Source:Predator's Ball

"When one reads that “Warren Buffett” has bought, [for example], an interest in General Foods, it usually means that an insurance subsidiary of Berkshire Hathaway—using its reserves built up against future claims—has made the investment, which can cost more than Berkshire Hathaway, the parent company, could readily afford. . . .The same maneuver, using insurance companies, is per¬ formed by such operators as Henry Singleton, Larry Tisch, Carl Lindner and Saul Steinberg, among others.63"

Source:How to Be a Billionaire : Proven Strategies From the Titans of Wealth

"Saul Steinberg,"

Source:The AIG Story

Appears In Volumes