Alan Waxman

And then obviously I talk to probably 20 or 30 people a day throughout the firm.

My average conversation is probably two or three minutes.

I literally talk to people all day, all the time, just to feel what's going on.

And if there's ever a situation where I need to go 10,000 feet deep, I'll go 10,000 feet deep.

But then I try to go back up so I can just see everything that's going on.

If I'm 10,000 feet deep every day, I'm not doing my job.

And that's kind of how I think about it.

But those are really how I spend my time.

But the reality is we have great set of partners.

A lot of the partners we've worked together for 20 plus years.

We have shared values, first principles on doing business the right way.

So a lot of those first principles are already in place because we've worked together for so long.

We all know what we're doing and we all buy into the mission of what we're trying to do.

Keeping the culture the way it is and making those type of behaviors that's the life is too short.

I just try to protect that with everything.

It's kind of ironic when you step back and think about it.

You basically have all these public companies.

There's less public companies.

It's going more private.

But now you have all these trends of people trying to take ETFs on private companies.