Disney was a creative thinker, engineer, project manager and master storyteller. The real way to get entertainment was to have personalities tell a coherent story. A good Disney film always has personalities dealing with various problems. Disney would always lighten-up when describing his characters. Story boarding the entire films was important to Disney; the narrative was built from scratch.
Disney famously told the entire plot of Snow White to his animator team over a 3-hour session complete with all the voices done by himself. Walt Disney created the blueprint for his films in his head; he even told his nephew the entire story of Pinocchio one evening start to finish. Disney was full of energy and was always thinking of how to build a bigger future for his enterprise. He would fire people on the spot whenever he wanted because he was truly powerful. After Walt Disney died of lung cancer in 1966, the Disney company was at a crossroads regarding how it should move forward.
Like some many visionaries; up until the renaissance at Disney starting with the Little Mermaid, the Disney company had produced fragmented films. The films subsequent to Walt’s leadership were less successful, Michael Eisner believed this was because the creative process was disjointed because decisions were made in a committee (where ever contribution had to be negotiated in or out of the narrative) rather than by an authoritarian visionary who could veto any idea or person. You need to have an executive creative director who has good judgement. Someone had to be the producer and that relationship was that the producer’s vision is the over-riding vision: it always has to subjugate the others to the final decision maker.
Adventures of Huckleberry Finn (or, in more recent editions, The Adventures of Huckleberry Finn) is a novel by Mark Twain, first published in England in December 1884 and in the United States in February 1885.
Commonly named among the Great American Novels, the work is among the first in major American literature to be written throughout in vernacular English, characterized by local color regionalism. It is told in the first person by Huckleberry “Huck” Finn, a friend of Tom Sawyer and narrator of two other Twain novels (Tom Sawyer Abroad and Tom Sawyer, Detective). It is a direct sequel to The Adventures of Tom Sawyer.
The book is noted for its colorful description of people and places along the Mississippi River. Satirizing a Southern antebellum society that had ceased to exist about twenty years before the work was published, Adventures of Huckleberry Finn is an often scathing look at entrenched attitudes, particularly racism.
Perennially popular with readers, Adventures of Huckleberry Finn has also been the continued object of study by literary critics since its publication. It was criticized upon release because of its coarse language and became even more controversial in the 20th century because of its perceived use of racial stereotypes and because of its frequent use of the racial slur “nigger”, despite strong arguments that the protagonist, and the tenor of the book, is anti-racist.
http://en.wikipedia.org/wiki/Adventur…
William James “Bill” Murray (born September 21, 1950) is an American actor and comedian. He first gained exposure on Saturday Night Live in which he earned an Emmy Award and later went on to star in comedy films, including Caddyshack (1980), Ghostbusters (1984) and Groundhog Day (1993). Murray gained additional critical acclaim later in his career, starring in Lost in Translation (2003), which earned him an Academy Award for Best Actor nomination, the indie comedy-drama Broken Flowers (2005) and a series of films directed by Wes Anderson, including Rushmore (1998), The Royal Tenenbaums (2001), The Life Aquatic with Steve Zissou (2004), Fantastic Mr. Fox (2009) and Moonrise Kingdom (2012).
http://en.wikipedia.org/wiki/Bill_Murray
Samuel Langhorne Clemens (November 30, 1835 — April 21, 1910), better known by his pen name Mark Twain, was an American author and humorist. He wrote The Adventures of Tom Sawyer (1876) and its sequel, Adventures of Huckleberry Finn (1885), the latter often called “the Great American Novel.”
Twain grew up in Hannibal, Missouri, which provided the setting for Huckleberry Finn and Tom Sawyer. After an apprenticeship with a printer, he worked as a typesetter and contributed articles to his older brother Orion’s newspaper. He later became a riverboat pilot on the Mississippi River before heading west to join Orion in Nevada. He referred humorously to his singular lack of success at mining, turning to journalism for the Virginia City Territorial Enterprise. In 1865, his humorous story, “The Celebrated Jumping Frog of Calaveras County” was published, based on a story he heard at Angels Hotel in Angels Camp California where he had spent some time as a miner. The short story brought international attention, even being translated to classic Greek. His wit and satire, in prose and in speech, earned praise from critics and peers, and he was a friend to presidents, artists, industrialists, and European royalty.
Though Twain earned a great deal of money from his writings and lectures, he invested in ventures that lost a great deal of money, notably the Paige Compositor, which failed because of its complexity and imprecision. In the wake of these financial setbacks he filed for protection from his creditors via a bankruptcy filing, and with the help of Henry Huttleston Rogers eventually overcame his financial troubles. Twain chose to pay all his pre-bankruptcy creditors in full, though he had no responsibility to do this under the law.
Twain was born shortly after a visit by Halley’s Comet, and he predicted that he would “go out with it,” too. He died the day following the comet’s subsequent return. He was lauded as the “greatest American humorist of his age,” and William Faulkner called Twain “the father of American literature.”
When you have someone who is not confident about what they are doing, the last thing he wants is someone else that is backing him who does know what he is doing. That’s because he will think “if the next person is too effective, I will be replaced by him.” Incompetent people will hide behind the weakness in the system, and that was endemic at Chrysler when Iacocca arrived.
This is a synopsis & analysis based on Iacocca: An Autobiography and other miscellaneous research sources. Enjoy.
Predictions are useful as they can be used to demonstrate that you have a better filter on reality than those who incorrectly predict outcomes. I don’t fully agree because being able to accurately predict how human beings will act, intermixed with the complex variables that shape outcomes, is not possible at a reliable rate.
This last month, I correctly predicted Trump winning the presidency. Doesn’t mean that’s what I wanted to happen of course; so where else can I make predictions that come true?
Tesla: Within the next 3 years, I believe that Tesla will try to go private with money from a Saudi fund or Norwegian 1 trillion fund oil reserve fund. I am not a total fan or detractor of Elon Musk’s Tesla. The companies share price will continue to be influenced on heuristics, earnings management and the state of the founder, who channels Steve Jobs. I do see his behaviour following the classic startup zeitgeist. I also believe that one option that Tesla should explore is doing what Michael Dell has done with his company.
Get out of the public markets! Why? The speculators are all short-term centred, the stock market is appropriately short-termist. If you want a solid explanation of short-selling read Business Adventures by John Brooks! But to explain it quickly, imagine you have an orange prices at $1, and I believe that the orange market is going to be saturated, driving the price down to $.50 in a weeks time! I ask you if I can borrow your orange (since you’re not going to use it) I then sell the orange at $1, I then have this orange profit, and boom, the orange market drops so I buy an orange for $.50 and give it back to you. I have made $.50 off of this interchangable orange. So there is a whole class of Tesla stock holders who let short-sellers borrow their stock and then sell it immediately hoping and even forcing the price down so that they can swap it back to the original owner. The incentives to short a highly startup-like stock are pretty obvious. Any negative news impacts Tesla’s stock price and Tesla, as a car company, does not produce enough cars. Compared to GM and Ford, Tesla is 1/10th the size.
I’m hoping my MBA will help validate the claim that financial statements helps investors decide on whether to buy or sell their stock. However, Tesla has many investors who operate on heuristics.
Meanwhile, the Norwegian oil reserve fund: which is nearing $1 trillion dollars USD. Or the Saudi funds that helped companies like the Four Season Hotels go private.
In terms of earnings management, Tesla is starting to show how much this critical skill set matters. In Finance classes at major universities, the narrative of earnings management both the “good” kind and the “abusive kind.” I have yet to actually take a finance course, but I have seen a strong cross over between politicians and CEOs in terms of positioning the best case for their re-election or their stock price respectively. I think that Tesla’s long-term vision is baked into the price of the stock and that price will fluctuate to the point where it makes more sense to go private. Only time will tell!
This publication is dedicated to finance, politics and history
Disney was a creative thinker, engineer, project manager and master storyteller. The real way to get entertainment was to have personalities tell a coherent story. A good Disney film always has personalities dealing with various problems. Disney would always lighten-up when describing his characters. Story boarding the entire films was important to Disney; the narrative was built from scratch.
Disney famously told the entire plot of Snow White to his animator team over a 3-hour session complete with all the voices done by himself. Walt Disney created the blueprint for his films in his head; he even told his nephew the entire story of Pinocchio one evening start to finish. Disney was full of energy and was always thinking of how to build a bigger future for his enterprise. He would fire people on the spot whenever he wanted because he was truly powerful. After Walt Disney died of lung cancer in 1966, the Disney company was at a crossroads regarding how it should move forward.
Like some many visionaries; up until the renaissance at Disney starting with the Little Mermaid, the Disney company had produced fragmented films. The films subsequent to Walt’s leadership were less successful, Michael Eisner believed this was because the creative process was disjointed because decisions were made in a committee (where ever contribution had to be negotiated in or out of the narrative) rather than by an authoritarian visionary who could veto any idea or person. You need to have an executive creative director who has good judgement. Someone had to be the producer and that relationship was that the producer’s vision is the over-riding vision: it always has to subjugate the others to the final decision maker.
Predictions are useful as they can be used to demonstrate that you have a better filter on reality than those who incorrectly predict outcomes. I don’t fully agree because being able to accurately predict how human beings will act, intermixed with the complex variables that shape outcomes, is not possible at a reliable rate.
