It's the kind of business Chubb or Aetna won't touch.

People buy the latest hot item. What they should be doing is buying the latest cold item.

Value went through its own bear market, and it was particularly painful when everything else was going so great.

It hasn't been a full recovery but it's been a good recovery in small value.

We buy things that are extraordinarily cheap.

We didn't used to be in the storm business, but the last two years, it's been one storm after another.