. >> reminds me of the old e.f. hutton. they made a settlement, suddenly you couldn't use them.people will stick with danny och, because long-term he has done we he's a pretty good investor. >> he built a great business, mr. och. he's not make the investment decisions, though. >> we don't talk about that a lot. >> we don't. >> those are been terrible investments. xena. >> almost all of them. the wave that followed fortress. you can lump in a blackstone, kkr, all the private equity-led funds. they've done better. the pure asset managers, not so good. >> yeah. i'm just -- candidly i will -- rich pozino, old friend, danny oyh, old friend, but it's not about that. it's not about friends. >> so many others are trying to talk about it and think about it before it went bad. >> there was an article today about third point insurers doing better. dan lobe has done better because of third point. i don't know. i want to see more. i think dan lobe made some fabulous investments. there's an overall gloom about money managers. it's part and parcel of the political environment. >> specific to t