today's campus culture, let's just say it welcomes a broad diversity of ideological viewpoints, from noam chomskyn the way to robespierre. willson's remarksbroad diversitl in 1995 and their residents today is typical of the approach of the manhattan institute. mi scholars have never been afraid to challenge conventional thinking and offer bold solutions. we are persistent, and when we have a view about something, we do not back down under pressure cloistered and cabals of holier than thou academics. times, andith the also more so with the journal. [laughter] dan? is [laughter] but we have stood for certain principles, rule of law, public safety, free markets, and the belief culture is a key determinant of the welfare of societies. in investing, where i spent much of my time, this combination, the ability to adapt without losing sight of core convictions, is a necessity. you must be able to think independently and form strong, contrarian views while at the same time maintaining a good deal of humility about how much you don't know. when i first started investing, my dad thought that if his son was