00:00If you look at the markets of, oh, the worst probably was the 2007-8 period, although there was that
00:08one Monday when you had 21% in a day, I mean, this is nothing.
00:15I mean, it, uh...
00:17Well, this is nothing to make you get excited and think there's huge valuation drops.
00:21Well, if they're 5% or 6% cheaper, that doesn't, we aren't in it to make 5% or
00:276%.
00:27I mean, uh, we aren't a big salary there.
00:31And in the end, we own businesses.
00:36Sometimes they're wholly owned, sometimes they're partly owned.
00:39That's what I like to own.
00:41And two-thirds of our money or more is in our businesses.
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