Showing posts with label quitting. Show all posts
Showing posts with label quitting. Show all posts

Friday, May 3, 2024

Finding gems among the trash - opportunity seeking

Every generation needs a revolution - an entrepreneurial revolution

In the series "Billions" Axe wanted to have a bank charter for his hedge fund.  However, he could not get past the regulators (the legalities)  And his legal adversaries are hell bent on him not getting one.

However a trashed company engaged in small loans turned out to have bank charter.  Axe capital bought for cheap and got his bank charter cheap.

Sometimes goals are achieved by accident and/or tedious research.   (I think later would be more appropriate)

It gets weirder as we find out Rhoades, the AG will not spare efforts to go to Deleware to have the banking charter revoked (which Delaware atty gen did not agree to) and even appoint his father as the bank's independent board to make things difficult for Axe Capital

One thing though is Axe does not take things sitting down or giving up