> made a career out of being more right than anyone else He's made a career out of being good friends with Hank Greenberg and securing capital at lower rates

> made a career out of being more right than anyone else He's made a career out of being good friends with Hank Greenberg and securing capital at lower rates than anyone else at tight times. He also usually takes stakes large enough to force things his way. He is not some sort of successful stock picker; he has a few tricks not available to anyone else. He's also never operated in a deflationary environment. We shall see how that works out.