We’re trying to own things that look like value stocks when we buy them, but which turn out to be growth stocks. So we try to build a portfolio of businesses with two primary characteristics. The first is that, even in times of stress, the underlying income-producing assets are strong enough to maintain a value floor for the investment. In other words, the company is cheap based on what we can be fairly certain of now. The second characteristic is some change going on that is unrecognized by the market and likely to be very valuable in the out years a free call option. We generally want to invest at a price where if our growth thesis is totally wrong, we can still expect to earn at least an 8 percent nominal cash-on-cash return. That’s roughly in line with what the overall market is likely to return, so we should match that even if none of the free options pay off.