Subject: Re: In progress observations
Plus, maybe we could hire a group of smart young folks who work for Ted, and help him search the public and private markets daily looking for good deals? Then Ted could bring the ideas to Greg and Ajit for discussion?

The markets seem to have changed, or maybe psychology has changed, or maybe the generation has changed, and this might not work anymore. What I mean is that "invest by committee" might not work anymore because the current crop of investors "buy the dip" so rapidly that no committee could ever react quickly enough.