When you got a demand issue it's hard to imagine the stock market at an all-time high.

If you could find a major city that actually had a functioning, good public school system, you should buy all the real estate.

The single biggest issue that I'm very sensitive to is inflation. I'm very concerned that this extended period where the interest rates were quite low and stimulated a lot of activity could breed inflation and create a problem for us.

The question is not do you take money out of stocks and put it into real estate, or the reverse. There's so much money out there looking for a home. I don't think it's either/or.

Just by being private, the culture will change. We won't be forced to make decisions that are 90 days in relevance.

Everyone likes pussy. It's un-American not to like pussy.

The reality is that I need to be challenged and interested, as long as the risk and reward is in line.