>> Well, of course, studies are most important,
and I always say that continuing education is an important element.
It continues on no matter if you're in school, or college,
or post graduate work, or on the job.
Again, investment in education continues at all levels.
Well, even in the case, as we hire interns.
We usually have one each semester, and I'll ask some questions, who, you know, do they read?
What do they look at?
What type of background do they have?
What are their educational courses?
And, one of the questions I even like to ask, who's your favorite person in history?
I think that says something about someone, and I've had all kinds of answers, from Gandhi,
to Jefferson, to Lincoln, and very, very interesting type of scenario.
It varies again, and college is not our prerequisite of course, for any job as far
as the Morgan Stanley system is concerned, and when I first started in the industry,
42 years ago, I sat next to a guy who, at that time, was in his 60's
and he didn't have a college education but, he was my mentor, and I learned so much from him.
Whether it be bonds, or stocks, or just dealing with people.
And, he kept working until the age of 94, and then died at 95, and it was something
that he just had a passion for in life.
And, it just shows that whatever you want to strive for, you can do it.