absolutely. but republicans are better at pretending. i have the funniest yes, please. but they have this reverence for experts and expertise that, a, i think sells really poorly in peoria. b, walks right into the conservative credit teak of liberal elite. they re forever talking about people like you and me as the liberal elite. what do they mean by that? it s all you read books. and, hell, i write books. you write them, that s worse. you are part of the liberal elite. you had something to say in your last block. thanks very much. the basic thing i want to throw out there is that when you think about efficiency, we use this term efficiency, folks in private equity and it means a lot of different things. for example, you can tall about allocatetive efficiency, where are we applying our capital, which games are we choosing to play. operational ee quishtcy. you ve chosen a game, how well are you playing that game. and then there s adaptive
absolutely. but republicans are better at pretending. i have the funniest yes, please. but they have this reverence for experts and expertise that, a, i think sells really poorly in peoria. b, walks right into the conservative credit teak of liberal elite. they re forever talking about people like you and me as the liberal elite. what do they mean by that? it s all you read books. and, hell, i write books. you write them, that s worse. you are part of the liberal elite. you had something to say in your last block. thanks very much. the basic thing i want to throw out there is that when you think about efficiency, we use this term efficiency, folks in private equity and it means a lot of different things. for example, you can tall about allocatetive efficiency, where are we applying our capital, which games are we choosing to play. operational ee quishtcy. you ve chosen a game, how well are you playing that game. and then there s adaptive efficiency.