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Balance Quotes

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Balance Quotes

“As soon as we get comfortable in one role, we have to take on another! Why? ... Because he wants to keep us off balance! That's why! Because he doesn't want us to THINK! He doesn't want us to QUESTION HIS AUTHORITY! So he keeps us busy! Keeps us running in circles! Like mice! Rushing from one role to the next! Well, I'm on to his game! I see what he's doing! And I refuse to participate!”

“We rarely use much debt and, when we do, we attempt to structure it on a long-term fixed rate basis. We will reject interesting opportunities rather than over-leverage our balance sheet. This conservatism has penalized our results but it is the only behavior that leaves us comfortable, considering our fiduciary obligations to policyholders, depositors, lenders and the many equity holders who have committed unusually large portions of their net worth to our care.”