Making money isn't the backbone of our guiding purpose; it is the by-product of our guiding purpose.
I'm putting all my money in the Chinese toy market.
Other guys read Playboy. I read annual reports.
Our approach is very much profiting from lack of change rather than from change.
An IPO is like a negotiated transaction - the seller chooses when to come public - and it's unlikely to be a time that's favourable to you.
The Noah rule: Predicting rain doesn't count; building arks does.