>>it has been a long expansion the pointooking at that growth cle so if you are investing in this cyclical stock saugh a couple years of the other alternative investments. >> my hair is gray for a reason these are only some investments based on th sitive economic condition the moment that changes everything goes down together. so i always have things that are not doing well. so you say when will that switch? you should always have many in alternatives are in the equity markets as well because you just never know. lori: the grey hair is very distinguished looking for you. a deal think they care if they push the rules? how important is it to have a solid retation for playing by the rules with your clients? >> no question. everybody is out to tarnish every betty and even with our side of the business not hedge fund but the broker market i don't think clients appreciate anyone who is cheating and people are disgusted by those people and i am that way as well. so i absolutely lookit ts if the allegations are true there will be some truth to this and then you know, the bad it will happen in bet