The Financial Crisis and the Opportunity It Created

We've never been more excited that we've been for the past 12 months to invest today. The risk-free rate now is 5%, is no longer zero, and the risk premium is closer to 5% than it is from two. And so all of a sudden, the whole merits of our job gets back into the center of the peach... That makes our job much more exciting. We had been looking forward for the day where we could face another of those crises,. But better prepared with more resources, with a more powerful platform, with a bigger footprint.