and indeed according to a study by houlihan lofi we have voted with activists 45% of the time, almost 50%, the other 55% again against. and i wrote this letter to shareholders -- to ceos, to 800 ceos in the world. >> a couple letters, right? >> well, i've done it over the years. this past one was for 800 of them. and we asked the management and their board to come back to us and tell us what are their long-term strategies, what are their long-term strategies related to growing the company, building the company, part one. part two, what is your long-term strategy about inorganic strategy, weth it's acquisitions or divestitures. and three, what is your long-term strategy related to share repurchases and dividends? that will give us a guide post to manage -- and it allows us to have a dialogue with those companies. we could disagree or agree with them. but if we agree with that strategy and then all of a sudden for one reason we start seeing them buying back more shares, issuing debt against it, maybe high-yield debt, that may be good for the short-term strategy but it could be perilous