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WarrenI have avoided all my life compensation consultants. To me, it's, I hardly can find the words to express my contempt. I will say this, if the board hires the compensation consultant after I go, I will come back. Mad, mad. So I think there's a lot of mumbo-jumbo in this field, and I don't see it going away.
CharlieOh, it isn't going to go away. No, it's going to get worse. I mean, the, if you look at, I mean, the way compensation gets handled, you know, everybody looks at everybody else's proxy statement says we can't possibly hire a guy that isn't the, you know, and so on. And the human relations department, you know, work for the CEO, come in and suggest a consultant. What consultant is ever going to get another assignment? He says you should pay your CEO below the down in the fourth quartile because you're getting a fourth quartile result. I mean, it just, you know, it isn't that the people are evil or anything. It's just the nature of the situation just, it produces a result that is not consistent with how representatives of the ownership should behave.
WarrenIt's even worse than that. Capitalism is the golden goose that we all live on. And if people generally get so they have contempt for it because of the, they don't like the pay arrangements in the system, your capitalism may not last as well. And that's like killing the golden goose. So I think the existing system has a lot wrong with it.