The U.S. market has been so strong that people forget the risks, ... As an investor, you can't wait for things to look good in Asia because then the markets will already have gone up and you'll miss the early returns.

The biggest problem is not to let people accept new ideas, but to let them forget the old ones.

People talk about the exciting growth prospects in Brazil, China and India, but they forget that the US is not as developed as Western Europe. Plus, 66 million users in India will not have a huge ARPU, but it would be a lot of money in the US.

Tell me and I forget. Show me and I remember. Involve me and I understand.

If these people are going out for a long-term evacuation, they don't want to be in big gymnasiums, ... You've got families, you've got pregnant mothers, you've got mothers breast-feeding children. They need a degree of privacy and comfort.

We've been stung in the past and [again now] with the economic downturn, so we spend a lot more time trying to understand how our key suppliers are positioned in the market,