Meet the Giants: An Interview with Ziad Abdelnour

Schumpeter once wrote that the Stock market is a poor substitute for the holy grail. In other words, capitalism is more or less incapable of producing belief in itself. And yet, there are people who do believe in it. Ziad Abdelnour is one of them.

For Ziad, business is war. And what is at stake in this war is the creation and destruction of worlds.

“The lifeblood of capitalism are the entrepreneurs, the financiers who make things happen.”

The drive to make things happen is not inherited, is not taught, is not capable of being transmitted by a propaganda machine. “It has to be in your DNA” says Ziad. Because of this, the profile of Blackhawk Partners has not changed for years:

I don’t back industries. I don’t back ideas. I back people.

These people — these capitalists, the billionaires who change the world — are rebels. Only by backing rebels, can you re-create the world.

This is what Ziad’s capital does: it empowers the rebels (re-bellare) to start the war all over again .

Crash Proof 2.0 by Peter Schiff read by Sean Pratt

Don’t buy anything. Don’t borrow anything. Don’t open any kind of e-trade account, or invest in any kinds of funds, or buy any kinds of currencies, or pay any kind of broker. Read this book, cover to cover. Then write a letter of praise to Peter Schiff for his clarity of thought, his easy to understand explanations of economic realities, and his ability to map out alternatives for Americans with a little bit of good sense.

The Anglo Saxon World by M.C.D. Drout

In between rolling translations of Anglo-Saxon chronicles, poems, histories, M.C.D. Drout hawks 566 years of kings, pirates, popes, monks, wars, buildings and battles. But most and first of all, he hooks us with language, giving us bits of Anglo-Saxon poems, lists of Old English words (some, siton, foton), Old English websites, including kingalfred.com, where he has written a free Anglo Saxon grammar called “King Alfred’s Grammar” named after his (and soon to be yours) best and biggest hero : King Alfred; and anglosaxon.com where he serves up his recordings of the entire corpus of Anglo-Saxon poetry. Whew!
Then he gives us, cut up into nice round 100 year sizes, the history of a “people who lived in a place full of Celtic place-names, surrounded by Roman ruins, bringing with them Germanic legends, and building Christian Churches”. Organized by the MaCGyVr principle, it is a history of 6 ages: Migration, Conversion, Golden, Viking, Reform and Fall.
Throughout, he tells us marvelous stories of the marvelous, noting what historians know, what they fight about, what they hate each other for, and how to read historical interpretations as interpretations, how to consider what makes sense, what doesn’t, and how to fall in love with the material of Anglo-Saxon history, its indeterminacy, its scarcity, its ongoing reconstruction.
In between he does stand-up:

Jefferson came up with the idea that the front of the [great] seal should have a picture of Hengist and Horsa …. and that the backside of the seal … would picture Pharoah, sitting in a chariot, as he road through the parted red sea … with the Israelites on the other side, following the pillar of fire that led them to the promised land. You know, I have to say, the eagle was probably the safe way to go here….

The Bull Hunter by Dan Denning

Within the first minute and 34 seconds you know you are going to understand this book because Denning quotes James Dyson:

“Of the world’s ten largest corporations by revenue, 9 make big, heavy things, like cars.”

This is easy to follow, sensible stuff – and just the kind of obviousness that industrial strength money market manuals pass over.

Give him time, and Denning will explain a lot of “obvious” things. For example, that you can’t automatically grow rich by buying stocks. Or that you can’t automatically stay rich by being an American. Or that just because you live in America doesn’t mean you can’t invest in anything but fictional (paper) assets. Or that a bear is called a bear because once upon a time when traders were also hunters, bear skin jobbers sold skins from bears they had not yet caught. By entering into these early futures contracts, the hunters were guaranteed a fixed price. By “selling short” they lost out on the possibility of getting a higher price for their bear skins in the future. The practice came to describe those who sold short on a stock or commodity.

In fact, within the first 13 minutes, the ‘obvious’ no longer is.

Home ownership, Denning writes in 2005, is “the new serfdom” and paints a picture of a housing bubble where no equity is built and no real ownership is achieved. Combine falling home prices with increases in monthly payments AND a flat income, writes Denning, and you get trouble. In other words, you get 2008.

ORIGIN & CAUSE by Shelly Reuben

Let’s just say that murders happened in the middle of other things: a cop,  a lawyer, a fire investigator get up, they fight with their wives, they eat. Sometimes they think. The law is something they think about.  How it came to be what it is, where it came from, when it changed.  If you have a father who reads, who respects the history of things, who loves the Law, you think about what a lawyer should be, what the law should be, what an institution like the law allows human beings to be.

In Europe, rich people sometimes keep a modest apartment in a poor or marginal area of their city. They call it their “pied a terre”. Translated, this means “foot on the ground”. It is said that their purpose in maintaining these small apartments is to remind them of their roots and to keep them in touch with reality. And that’s exactly why I always keep my copy of Letters To A Young Lawyer in my briefcase. The words within, the philosophy, Harris’  love of simplicity and reverence for the law, this is my psychological pied a terre.

The Girl Who Played With Fire by Steig Larson read by Simon Vance

Quiet, patient, relentless intelligence spills over the pages of this story about a girl geek, a journalist, a news magazine devoted to the critique of corrupt Swedish institutions, and an odd assemblage of  Stockholm’s thugs, bureaucrats, intellectuals, and cops.   None are verbose. Men and women think. Thinking happens without talk, without sounds, without annunciation. It is sometimes   signaled  by cigarettes. Sometimes by a  walk.   Much goes unsaid, and unshared.

All the good guys use Macs. Some of them smoke.  The geek uses a powerbook, the journalist a Mac ibook, the magazine editor  an Airbook. The geekgirl (Salander) is  skinny,  occasionally violent,  abnormally intelligent, obsessively private. She does not emote; she enjoys:  mathematics, sex, hacking.  She has  lesbian girlfriends, bank accounts in the Canary Islands, lawyers in Gibraltar, and a local accountant. She buys a 2.5 million kroner flat with a view and decorates it in one day of shopping in Ikea,   for a total of 97,000 kroner.

Inside the Red Mansion by Oliver August read by Simon Vance

Oliver August, correspondent for the Times of London in China is learning Chinese. His teacher asks him what Oliver means. Oliver responds: ‘Since a man that works on a farm was a farmer, a man who harvested olives was an Oliver’. His teacher then couples two radicals – olive (gan) and farmer ( no ). The 26 year old reporter is thereafter laughingly referred to as Farmer.

“Nobody in their right minds called themselves a farmer. Millions are fleeing the land to become city dwellers, to partake in the industrial revolution, to become richer. When I introduced myself people guffawed to each other. A foreign farmer has come to our China… !”

Oliver August is a sieve of a China in transformation from below. We get the language, the images, the words, the emotions, the slogans, the mixture of groundlessness and lawlessness, the sense that a Chinese being can rely neither on the earth nor on the sky for his limits. “Modern China was a magic mirror: you could see whatever you wanted to see…,” writes Oliver.

The country was both free and oppressed, at once anarchic and authoritarian, totally chaotic yet highly regulated.

Lai Changxing is an emblem of this new country; hence his is the story tracked by Oliver.
But alongside the story of the legendary Lai, a rogue reminiscent of America’s 19th century captains of industry, Oliver gives us the gossip, the rumours, the news. And the only way to report this news is “to get out and report what you saw yourself,” in sideways glances, from overnight trains, from hired cars driven by monks, from the streets and the restaurants…

But still more, Oliver gives us economics, politics, philosophy. Not cut and pasted out of wikipedia but lovely, incisive, pieces of thought, fresh from the sea, still smelling of fish.

The more China modernizes the more ravenous its appetite for the past becomes….

These wealthy Chinese who finally thought it safe to return from abroad “were known as sea-turtles who had finally brought home their nest eggs…”

A myo tan low is a building that scratches the sky…

A big-faced building iDam yam zi dasha is a building that gives the owner a lot of face…

The Chameleon’s Shadow by Minette Walters read by Simon Vance

Forget Harley Street. The latest design in shrinks is a six foot 250 pound lesbian weight lifter who runs a pub with her bosomy girlfriend, and offers bed, morning after breakfast, and laundry service. This is what the 21st century male patient wants: a powerful, intuitive M.D. who can hoist him effortlessly over her shoulder, tuck him into bed without sexual threat or expectation, wash the blood off his shirt and serve up bacon and egg for breakfast.

Such a shrink, and only such a shrink can handle what the Iraq, the national health service and the Metropolitan police have brewed in ex-Lieutenant Charles Acland, now of London, hateful and harijan: untouchable.

The Yiddish Policemen’s Union by Michael Chabon performed by Peter Riegert

1948 is a strange time to be a Jew. For Lonzman, the hero of this tale, it is the year the Jews in Israel are driven into the sea, and get a small beachside strip of Alaska as compensation. It is the year Lonzman’s father arrives in downtown Sitka where blue kerchiefed Jewesses sing Negro spirituals with jewish lyrics that paraphrase Lincoln and Marx. It is the year Lonzman’s father plays chess “like a man with a toothache, hemhorroids, gas, and a headache whose moves are like successive pieces of terrible news for the survivor Jews who play him. The survivors populate The Yiddish Policemen’s Union, with their chess, their holy books, their rabbis, their clans, their latkes, their typical and atypical habits, their policemen, their crimes.

But I’m curious, do you really feel you’re waiting for Messiah?
It’s Messiah, what else can you do but wait?

And Palestine? When Messiah comes all the jews go back there, to the Promised Land, fur hats and all?
I hear Messiah cut a deal with the beavers…
No more fur.

Landsman and Berkot confront Schmerle, the doorkeeper of the Verbove Rebbe, whose son, Mendele, has been found heroin-dead in a seedy hotel. Schmerle

“… looks east, looks west, he checks with the mandolin man on the roof…
“There is always a man on the roof with a semi-automatic mandolin.”

Fiddlers by Ed McBain read by Charles Stransky

We get information in clumps, tangles, bunches. There are facts, mixed up with opinions, references, foreign words, sounds and descriptions referring to where we are talking, what is going on where we are talking, the distraction-ridden machinery of a technologically frenzied environment, analogies dragged in from confused personal archives, elaborations drawing on gossip, rumours, and mother disciplines, percentages, abbreviations, brand-names, phrases in mixed tongues, side notes referencing the inaccuracies of the company we keep and the associations we accumulate.

Dialogue. Which is what McBain does. Consider Carella and Parker questioning an ex-boyfriend:

So tell us how you happened to break up?

It was the Passion. The Mel Gibson movie. I told Alicia it was Anti-semitic. She disagreed. I’m Jewish; we got into an argument.

So whose idea was it to split up?

My mother’s. I live with my mother. She said if we were going to fight already over a farkaktmovie that was just the beginning…..I hate Mel Gibson.

Thirty seconds to peel a character like an egg.

Ollie Weeks is asking Parker for advise because Ollie was kissed in the mouth by Patricia the other night after he played piano for her family. Yes, this is the fat, suspicious, comical sociopath who hates everyone equally. Except that now he has a sweet piano teacher, and a sweet girlfriend and is looking ten pounds less hateful.

Kling, meanwhile, is asking Carella for advise. About Sharon, who he loves and whom he followed and who now refuses to talk to him.

“Everybody’s always innocent, Brown said. Nobody ever did anything. Catch ‘em with the bloody hatchet in their hands they say this ain’t my hatchet this is my uncle’s hatchet…Wonder anybody’s in jail at all there’s so many innocent people around….

Brown and Kling are interviewing the head of Baldwin University’s English Department who is wearing a purple butterfly bow tie and telling Brown that “we’ve never anything like this happen before….”. Brown is wondering if his wife Caroline would go for him in a tie like that one…

Because conversations are never just about information and even information is never just about information. Because even cops hear by drifting in and out of their own conversations. Hearing from where they are being heard.