I’ll tell you a story that’s very interesting for me when I was young. There was a man named William Levitt, Levitttowns, you have some here, you have some in different states … And he was a very successful man. He was a homebuilder, became an unbelievable success, and got more and more successful …

And he sold his company for a tremendous amount of money. At the time especially, this was a long time ago, sold his company for a tremendous amount of money. And he went out and bought a big yacht and he had a very interesting life. I won’t go any more than that because you’re Boy Scouts, I’m not going to tell you what he did – should I tell you? Should I tell you? Oh, you’re Boy Scouts, but you know life, you know life. So, look at you, who would think this is the Boy Scouts, right?

So he had a very interesting life, and the company that bought his company was a big conglomerate. And they didn’t know anything about building homes, and they didn’t know anything about picking up the nails and the sawdust and selling it, and the scraps of wood … So they called William Levitt up and they said, would you like to buy back your company and he said yes, I would. He so badly wanted it, he got bored with this life of yachts and sailing and all of the things he did in the south of France and other places … But what happened is he bought back his company and he bought back a lot of empty land … and in the end he failed and he failed badly. Lost all of his money. He went personally bankrupt, and he was now much older.

And I saw him at a cocktail party and it was very sad. Because the hottest people in New York were at this party. It was the party of Steve Ross. Steve Ross, he was one of the great people. He came up and discovered – really founded – Time Warner, and he was a great guy. He had a lot of successful people at the party. And I was doing well so I got invited to the party.