Ben Gilbert: belief

Transcript context

…On the public equity side, the main positions we talked about, The Post, Cap Cities, Salomon Brothers, and one that we didn't talk about that we’ll talk about more next time, Coca-Cola. I think those represented significant parts of the value, but again, as we've seen they're taking a hands-off approach here. As we analyze the power, we think about them as two different business lines because it does feel like the business activities day-to-day are very different between those two things. Which actually you see reflected in the management structure of the business flashing all the way forward to 2020. You have Ted and Todd on the investment management side buying publicly traded companies. They’re investing in publicly traded companies and you've got Greg and Ajit on the wholly-owned subsidiary side. Ajit running the insurance businesses and Greg running all the not insurance businesses.…

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