John Cryan and I worked together at UBS, and I think John is one smart, hardworking individual, and I wouldn't bet against John. I wish him well.
Ken MoelisWithout going too deep, without globalization I am not sure everyone would be able to have a supercomputer in their pocket at the low cost.
Ken MoelisIt is hard to compare over generations. I think a lot of the top talent is choosing other fields. We look pretty hard - we put a lot of time and effort into finding talent.
Ken MoelisYou get behind some of the numbers, like the underfunded pensions in the US, and I'm not sure people even understand how wrong their situation is.
Ken MoelisNot everybody has experience in drilling for oil in the Permian Basin, but the same thing is happening in every industry everywhere in some manner.
Ken MoelisThe challenges, the changes we're talking about often seem to them like unbelievable opportunities to deliver a product quicker, better. If you can improve the quality, lower the cost, and improve the turns - and you can do that because your information systems, your delivery systems, are better because of technology - well, you see that as a wonderful opportunity to gain market share.
Ken Moelis