Trying to determine the right time to exit a business is difficult in the sense that there is really no magic potion. Usually it's opportunistic. Usually it's - the best value is extracted when you are approached by somebody. You are not for sale. So that's an easy adage to understand. But the question is, what do you do when you want to actually exit a business? And you are trying to sell a company. And you know, that is really a function of market conditions and luck as well. For example, how many buyers can you interest? If you can just get two buyers, or three buyers and create an auction environment, then you will increase the likelihood of doing a good transaction. If you can only get one, and you have an educated buyer on the other side, then it is going to be much tougher. So I think that exits are for the most part a function of the investment mandate. There are a lot of external factors that most people wouldn't consider. For example, let's say you start a fund, and you go around and raise money. And you tell your investors that this is going to be a seven-year fund. So in the fourth year, what it means is that your time horizon is now only three years. So it is when you get into business on year-one, there are certain businesses you really can't buy with such a time horizon that is either too short or too long, or whatever. Also, exits are a function of sellers financial condition. Sometimes things go wrong and you need to sell assets quickly. The marketplace is fairly efficient in 2005. Information moves very quickly. And when markets are efficient there are people in the world that sit in New York and other places throughout the world that sit around all day long and figure out how to exploit inefficient market opportunities. Those opportunities - you know, also known as arbitrage, those holes close very quickly when there is exploitation. They either do it through traditional market forces, like the price has changed, come into balance. Or, they close because of regulatory or legal oversight. So there are a lot of issues that effect a seller that you don't see on the front page of the newspaper when transactions are announced. Also, deals take a long time. Almost every deal that I have ever been attached to has been on again off again. You have to have a certain disposition to go through the mania during transactions as a buyer or a seller.