That seems to be the prevailing strategy for someone who missed the opportunity in 1998.

What they're doing makes perfect sense. It's easy to be critical. But what we're seeing right before our eyes is the evolution of the brokerage and financial-services industry.

It's like losing weight. It's about behavior. In weight loss, it's eating less and exercising. In investing, it's taking advantage of opportunities to invest dollars that are saved from taxes.

The organization is in really good shape. This is an opportunity for someone with real acute business sense to move into a leadership role.

In the Tour, it's important to use every opportunity to distance or eliminate adversaries and if there's a chance, I won't hesitate to attack.

It is also a good opportunity to dispel some of the myths like we are always under snow, or that we are still bartering.