I think private ownership is generally superior to public because you care about the land more and it doesnt get trashed.

The public doesnt particularly care for advertisements.

Synergy is the driver. There are two levels of synergy: there are operating synergies, which, you know, you'd have to be stupid not to try to take advantage of, and then there are strategic synergies. In other words, in what positions you would be more sustainable, more long term, and so on.

I think private ownership is generally superior to public because you care about the land more and it doesnt get trashed.

Recently somebody said, "Hey, you lost weight," and I said, "Yeah, thirty-five pounds and three and a half billion dollars." So I'm quite a bit lighter and more flexible than I was.

You just have to be opportunistic, and try to figure out what creates value.. where the bottom is, what creates incremental value, and in what combinations.

There's an old saying that the government is your partner from birth, but they don't get to come to all the meetings.