Interstitial (trading round) videos

T.1 (preshow) Robert: introductory promo video playing (on loop?) at start MEDIA SAMPLES: COMPANY AD, TRAILER   T.2 (after E.1) Erin: maybe about the Currency Industry? Showing what money is, the different aspects of it? Or a rudimentary econ lesson about how money moves etc (like the Banking YouTube videos we found?) Have this conversation … Continue reading

7 points of story, the 7 episodes

1) Deciding whether to go public? get to know the company here, then… has all the cogs in place, but smaller, poised for expansion everyone bullish on expansion (Bankers, Investment) Management? what do they do here? 2) post-IPO see how things are changing already restructuring expansion from capitalization 3) rise of management (∆ fr. owner-managers … Continue reading

David: halfway through 1st workshop

So I’ve been bad about blogging the workshop — mea culpa, mea maxima culpa. But will try to make up for it as I utilize the (spotty) wifi on Amtrak, coming into the city for day four. We’ve organized this workshop to spend each day (roughly) looking at one of our six groups — Monday … Continue reading

Advertising Age top ten advertising ideas of the decade

For full text see article linked below; here I’ll excerpt interesting bits, with commentary Book of Tens: Ideas of the Decade By: Matthew Creamer Published: December 14, 2009 CONSUMER CONTROL The age of interruption and one-way conversations with consumers was over. What was being observed was the further acceleration of a trend that had been developing since … Continue reading

I just want to say one word to you. Glass.

So I’ve been thinking about what the product/industry of our company might be, as I mentioned previously.  An industry that has a long enough history to span our company’s lifespan; something pretty mundane to begin with, but with interesting developments over its course, evolving in unexpected ways. (The observation in Mickelthwait & Wooldridge about how … Continue reading

Corporation corpus

owners –> HEART managers –> HEAD / BRAIN workers –> HANDS marketing –> FACE / MOUTH investment firm –> BLOOD government –> ??? — outside force, regulator, (legal) goundwork for existence  —=+=— Tell the story of the Company over the course of a HUMAN LIFESPAN to continue metaphor of corporation/ body, legal personhood of corporation … Continue reading

Meeting—11 January 2012

In attendance: David Kristin Moving forward… OUTLINE need to make an outline show bible, or story/narrative bible to keep everyone on track we feel like we have our minds wrapped around more of the market mechanisms and history of corporations now return to CHARACTER: Warren Buffett book (see bibliography) Union leaders Quants Remember, multiple nested … Continue reading

Thoughts on the story of our Company

What are these 8 moments in life of company? (moments of crisis, change, forks in road etc) • limited liability, brings outside investors in rather than just owner/partner investors.  [Is this the equivalent of the IPO in modern parlance?] • change from owner-managers to non-owner managers, creation of the “agency problem.” • some moment having to do … Continue reading

Thoughts on our Company and its product

We’re going to have to be very careful in terms of our choice of product, doesn’t want to be trivial, some stupid product that then, when we go thru all of this, it starts to look like we’re saying “Look at this really dumb thing but the Company manages to sell it and convince us … Continue reading

The Six Groups, six stories told (well, 7 actually….)

1) owners 2) managers 3) workers 4) investment firm 5) media / media relations / marketing 6) government …and 7) shareholders (the audience) [This last thing is, I think, an important revelation — maybe the key to uniting the trading and the performances, because audience has to be able to play their part as well … Continue reading

Meeting—22 November 2011

In attendance: David Kristin History of a Company idea 6 GROUPS: Overall narrative of the show is the history of a (fictional) company, told from the standpoint of six different “stakeholders” in the company Different groups that have a stake in how the company is valued / what is valuable about the company owner management … Continue reading

First big meeting—18 Oct 2011: big picture stuff

Big picture Why does the audience trade? Why be active rather than passive? Is money-making the goal? doesn’t seem right at least not as only goal DEM’S “fun theory” HOW DO WE FRAME / PRESENT THE SHOW / TASKS GIVEN, FROM THE VERY BEGINNING: TO MAKE CLEAR WHAT THE GOALS ARE? TO ENCOURAGE ACTIVE PARTICIPATION ? —=+=— Is there a DISCONNECT between watching … Continue reading

First big meeting—18 Oct 2011: social media

Social media Twitter use for audience to give realtime feedback, information, disinformation etc could get co-opted by advertising for shows retweets by audience as proxy advertising (some benefit accrues to them then?) tweets — not on big board or post monitors maybe projected on walls? in the pit / trading floor feels like it should … Continue reading

First big meeting—18 Oct 2011: video

In attendance: David Kristin Video Closed-circuit video feeds! TRAILERS or ADVERTISING during T rounds one for each performance (possibly) could have cc video feeds of each performance during R? for audience who don’t / can’t buy tickets or want a different way of watching the performance maybe make it intentionally bad, or grainy, B&W etc? … Continue reading

First big meeting—18 Oct 2011: space

In attendance: David Kristin Space Trading posts — MULTIPLE? YES, one for each show So whomever is manning the Post only has to keep track of a single show’s tickets (in terms of price fluctuations, number of tickets available, etc) Will need a way of consolidating all of this information from 6 or 7 Posts into … Continue reading

First big meeting—18 Oct 2011: show mechanics + sequencing

In attendance: David Kristin Show mechanics FUTURES vs. OPTIONS are they too similar? in a way that would be confusing to the audience Think more about this as we develop it —=+=— Can the audience choose to give their money back at the end? Yes, but not in a “make them feel guilty” way (the … Continue reading

First big meeting—18 Oct 2011: currencies

In attendance: David Kristin Currency quarters increments to big? BUT very satisfying as money, the weight and size dimes too fussy? too small physically? (don’t feel valuable) nickels also too fussy? (imagine paying $1.75 in nickels — 35!) not enough payout at end? too heavy? ($10 = 200 nickels) We could try mixed coinage? 2 not 3 Should … Continue reading

Skype meeting—12 October 2011

In attendance: David Kristin Research new book: Boomerang Michael Lewis’ new book About the way the economic crisis has affected world markets / national economies …and really messed up certain countries, but in different ways for each —=+=—

Trader ID nos and vests, graphing software and database

Going along with previous note about barcodes and tracking indiv performance of aud members… I wonder if we give should everyone a yellow vest (like on Chicago Merc)  In that vest, or attached to that vest — maybe inside a clear pocket that is permanently sewn in — is a trader ID number or badge. … Continue reading

On randomness of winning streaks, and barcode tracking

The Drunkard’s Walk Audiobook: part 2, chapter 3, ending at 44:35 discussion of randomness and performance and how we misperceive the cumulative effects of success i.e. the difference between the odds of one specific individual in one fixed period of time hitting a winning streak based on purely random, coin toss decisions, vs. the odds of some ONE of many … Continue reading