Generation

“What I believe the people in their twenties have right now is that They are the smartest, fastest learner generation we've ever had in history. They learn the fastest”

“And if you look at, certainly in this region, How electricity costs have increased for us and actually our gas costs as well. It has been largely on the transmission and distribution side. So not so much, you know, on the generation side.”

“If you think about reducing those assessments of reliability contribution, but increasing your planning reserve targets, you're saying, well, we want more, but what generators bring is less then You know, it's a very strong signal to bring new generation to ma…”

“And, right, that's exactly what ERCOT does, right, for generation. They don't require upfront deliverability, and it allows them to get generation online much more quickly and at much higher rates.”

“We're launching a new kind of fragrance house called Generation, and the idea is to take all the technology that we've built, but also all the humanity, the people, the perfumers, the noses, and to combine that”

“Load will come to generation, right? So load is going to move toward the generation because the grid isn't going to be able to deliver that generation. And that's, you'll see it most, in a most pronounced fashion in these new industries because they don't have…”

“Develop ultimately what we call our focus list, a list of, it's now I think about a 125 companies that we're actively following and researching that subject to price we're prepared to invest in.”

“Oftentimes, people have thought, well, sustainable investors, generation, all you're doing, you're excluding industries, and you're negative screening, and we've never done that. We've always actually been positively defining what are the types of businesses w…”

“We're concentrated. I know many people think concentrated is 20 to 25 stocks. We're sort of 40 to 50 stocks, and I can go into why we think that that's a better approach, but in any event, we're concentrated.”

“So, for example, we have not owned energy businesses for a decade. We've not owned hydrocarbon businesses because we don't think they're priced properly. They haven't really priced the fact of climate change, and we think they have a significant stranded asset…”

“And this means we have, we might have a generation that's afraid of, afraid to take risks, afraid to Play with ideas afraid to challenge dominant ideas. it's gonna lead to a lot more conformity and a lot more, a lot less creativity.”