Billions on Showtime, Season 2, Episode 5: Currency

source: Showtime

How to save a quarter? How to bag a wolf? We learn from the very best in this week’s Billions episode 😀

Wags arrives at Axe Capital in his vintage Mercedes in the opening scene of Currency. He looks GOOD for a change. And he has something important to tell Axe but the other does not let him speak because it is not his turn to speak. While Wags was MIA for the last couple of days “learning the Yaqui way, or how to run like the Tarahumara” Axe has been fighting the “Battle of Thermopylae” frequently cited as an example of a patriotic defense where the small Greek army was able to defend its land against the huge Persian army in a three-day battle.  Continue reading “Billions on Showtime, Season 2, Episode 5: Currency”

Billions on Showtime 2.03: Optimal Play

Billions pulls a great trick from the big bag of tricks available to entertainment. It puts on an episode with a discrete arc — a beginning, middle, end… rising tension, climax, and denouement. And it does it in each episode while also exploring deeply profound themes fit for feature length film. This show is entertaining, no doubt. But there are ways in which it isn’t “just” entertainment. Allow me, please, to explore a few of the ways Billions pulled it out for S2Ep3 “Optimal Play”, would you?

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Billions on Showtime, Season 2, Episode 3: Optimal Play

source: Showtime

I could not be happier that a game theory term makes it to the title of this week’s episode: Optimal Play. Optimal Play, also known as Best Response, is the strategy that produces the most favorable outcome for a player, taking the strategies of other players in the game as given.

Given that the entire hedge-fund industry is under siege and that he needs to adapt, Axe’s optimal play is to venture out of the city walls and straight into the NFL. We learn from his chat with NY Giants chairman Steve Tisch that Axe grew up with football on a “24-inch Trinitron knock-off” and his first ever football game in a stadium was in Tisch’s box. As Tisch shares with him that he needs to jump through quite a few hoops to impress the NFL, Axe is pretty confident about his bid and already trying to figure out where his seat will be at the stadium. Not here at MetLife Stadium, of course. NY Giants is not for sale 😀 Continue reading “Billions on Showtime, Season 2, Episode 3: Optimal Play”

“From the Trader’s Desk” Ep. 2: Dead Cat Bounce

Welcome to “From the Trader’s Desk” and my recap of “Dead Cat Bounce”. (I’m just going to say this upfront: I hate that term, but only because I’m a cat momma!)

We open up at the Spartan-Ives sponsored “Thought Leaders” conference, which costs $3,000 to attend. These types of conferences are common, and can be market movers. Certain managers will mention a stock they like (or don’t) and it will move the stock price as they are speaking.

Source: Showtime

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Billions on Showtime 2.02: Dead Cat Bounce

Continuing the rollicking cadence of win/loss and cat/mouse, Billions picks up the pace in an energetic Episode 2.

“Dead Cat Bounce” is  book-ended by a fake smile with handshake on one end and a sincere sneer and handshake on the other, going deeper exactly where we need it to go.

Axe is still a nervous cat, but a merry one, as he publically humiliates arch nemesis du jour, Todd Krakow, in the opening scene and continues throughout the episode to dig the claws deeper into the side of this twerp who tried to steal Wendy from him.

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