musings about the actor and the characters he brings to life
Author: Lady Trader
"Lady Trader" is a Brooklyn girl, and a Wall Street lifer! Recently fought cancer, and won! I love heavy metal, history, sci-fi, oh, and blogging about Billions and it's great lead actor, Damian Lewis!
Kings, Caesars, Mob Dons. When we think of these titles we may think of power, wealth, and loyalty. To a certain extent that is true. However, what they also have in common is the struggle to keep their place at the top, how they get there and how they fall. Kings, Caesars and Mob Dons all get to the top through violence, and usually end their reigns that way as well. Through the course of their reign, they often become distrustful of even their most loyal subjects and become deceitful in order to keep everyone off balance. In the end, they are paranoid, isolated, and alone.
What does that have to do with Billions? The titles and events of the previous two episodes “The Kingmaker” and “Sic Transit Imperium”, made me think of Axe in that light. He got to the top through violence; as we learn in “Boasts and Rails” his actions during the murder and devastation of 9/11 made Axe a lot of money, and the destruction of his former company lead to the opening of Axe Capital (I write about that here). He also has wealth, power, and from many of his employees, loyalty. However, he too is constantly fighting to stay at the top. He sees the Visigoths coming, whether in the form of the government (and Chuck in particular) or other fund managers, and he will fight them all. The Axe we see in “Sic Transit Imperium” is a tired, isolated, and reflective King, wondering if it is all worth it. Continue reading ““From the Trader’s Desk” What does Axe have in common with Kings, Caesars and Mob Dons?”
Welcome to “From the Trader’s Desk” double shot! We’ll be looking at both “Indian Four” and “Victory Lap” since the “fin speak” was a minimum in both episodes.
Thoughts & Observations on “Indian Four”
I’d like to start off by saying that I hope one day to be in the position of having my own meat aging room, and a room to store motorcycles that I will never ride. If I ever were in that position, I’d also have my own TARDIS, but that’s another blog….
One thing that struck me during Axe and Wendy’s meeting at the skate park was his response to Wendy’s asking for a stake in Axe Capital – “No one owns any of it but me”. That response does not surprise me, and I was shocked Wendy would even ask for it. He built it, and he will keep it! I think we know why someone like Axe would never take the Giving Oath. Continue reading “Double Shot From the Trader’s Desk: “Indian Four” & “Victory Lap””
“This is some fucked up universe we’ve decided to live in.”
And with that, I welcome you to “From the Trader’s Desk” and my take on Episode 5, “Currency”.
There was a lot going on in this episode: currency plays, rising interest rates, 15 bips on the 10 yr. Things that I don’t think twice about, but may need a bit of explaining to some of our readers. I’ll do my best. As always, if there is something I don’t cover, just ask! Currency trading is not something I do at all. I stick with domestic equities. However, I do have to know a little about it, since currency, and interest rates can (and do) effect the overall markets.
This was a unfamiliar Axe in “Currency“. He was taking risks he wouldn’t normally take, all because he didn’t want to have a down quarter. It clouded his vision, and his outlook in my opinion. He was willing to risk so much, just to not have one misstep. It reminded me of a classic mistake gamblers on a losing streak make: doubling down. I have it seen firsthand: down $500 on the 1:00 PM NFL bets, you try to recoup that and more by placing bigger bets on the 4:00 PM games. If you win, you can get even or maybe pull ahead; but if you lose, now you’re down $1,100 (when you bet with a bookie, you have to pay a “vig” of $5 on every $50 you lose). It’s a risk, and that is what gambling is, but it’s not a smart risk. As Axe says “Who makes a bet if they don’t know the outcome? Suckers!” Continue reading “From the Trader’s Desk: S2E5 “Currency””