i've never been to any place where they're so fascinated with hats. they're not even hats. >> they're fascinations. >> they're creations. >> they can't reuse these hats, can they? once you've worn the antler hat or whatever that was, it's hard to wear it again. you can't even dress it up. >> next year, go to lady's day at ascott. that's the home of the big hats. >> is that right? >> the big and ridiculous hats, and the big and ridiculous outfits. >> i can't believe we're sitting here discussing this. >> it's 4:00 a.m. why not? >> i want to thank you for being here. richard, you've been doing extraordinary work. i appreciate you staying up late with us.