Andrew Ross Sorkin

And he looks at him and he goes, more.

And that's... That's humans.

That's humans.

And that's humans.

And more means we're all trying to figure out how we're going to get to more.

And I think that that was what was going on then.

To some degree, it's what's going on now.

Look, the other piece of this is actually a lesson for me that I still grapple with today.

I think people think the word speculation is like a dirty word.

And the truth is, having never written this book and Too Big to Fail and just spending all this time reporting on all this, you need speculation.

Speculation is the twin of innovation.

It's putting your capital at risk.

There is no innovation without some speculation.

Elon Musk would not have created Tesla and said somebody speculated on him early when it all seemed totally insane.

We're betting on the come.

And so then the question becomes, how do you create an environment where you can

Have speculation, not just have it, but encourage it, but not let it get out of control, right?

Like that is the sort of fundamental question.

Look, you can look at both of those things.

You could look at, by the way, I think an interesting one, because we're now dealing with it now, is the accredited investor rule.