musings about the actor and the characters he brings to life
Well, if Episode 4 The Oath brought Axe together with his old buddy Freddie in the director chair, Episode 6 Indian Four is bringing Charlie Crews with his best buddy Ted Earley in the director chair!
Continue reading “Billions on Showtime, Season 2 Episode 6: Indian Four”
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””
Billions season 2 episode 5 is titled “Currency”, after the main play of the episode which happens to be a highly delicate currency play. Currency, the word, when spoken by Damian Lewis manifest as Bobby Axelrod, is also one among the many rhythmic words you’ll hear from him this episode, pronounced in impeccable New York-ese. We probably shouldn’t keep harping on his believability in this role. After all, that’s why they call it acting, right? Where most acting is a well-developed form of impersonation and most non-native accents are a form of ventriloquism, what Damian does with Bobby, in terms of body and language, is something else entirely. Something that is neither simply impersonation nor just ventriloquism.
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”
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”
