Warren Buffett and Charlie Munger think along similar lines, though I don't think they mentioned incorporation. But for the system to work, those playing with t

Warren Buffett and Charlie Munger think along similar lines, though I don't think they mentioned incorporation. But for the system to work, those playing with these huge sums definitely need to be on the hook for the downside, not just the upside. I mean, shareholders of AIG or BAC or whatever got pretty wiped out, but a lot of bankers, as you said, get compensated more with cash bonuses than stock, and these don't get the downside.