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And eventually I got a job offer at Donaldson Lefkin Jenette, which is no longer here, but it was an investmentbank of, of some note at the time. Passiveinvestors have no opinion about value. I interviewed with some airlines. I interviewed with just whatever was coming onto campus. Those are opinions about price.
He launched his own firm right into the teeth of the collapse in ’09, which turned out to be quite a fortuitous time to launch an asset management shop. Each investmentbank had a different corporate culture, and it was clear that some of them I liked and some of them I didn’t. It was really crazy.
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