Stephen Schwarzman: We bought a company in 2007 with a funny name. It was just acronyms, EOP. It was the largest office company — office buildings — in the world. Nothing close. It was worth about $40 billion. And it was near the top of the real estate cycle. We thought it would be interesting to buy for a number of reasons. But the price of the deal started getting higher. It became competitive. So we did some interesting tactical things to make sure we won. But I was so scared that we were winning — because we could have taken $500 million, I believe, to just go away and let somebody else win. That just made me — I couldn’t sleep at night because it was right on the margin. So we decided to sell half of what we bought because, if you have a huge group of buildings, you can sell them as one or two buildings. You can sell them by city. You can sell them by area. So what we did is we bought at one price — which was around 5.7 percent yield — and we sold them. We thought we could sell them at four-and-a-half. Roughly what that does is it increases the yield on the stuff you have left, so it’s safer. So we decided to do that. And I said, “I don’t want to take one minute of risk. This deal is so risky. So I want to simultaneously sell half the day we buy,” and the seller of the whole company didn’t want to do that. And I said, you know — we said we’d walk. We wouldn’t increase our bid to be the buyer. And they said okay. So imagine buying $40 billion of real estate one day and selling $20 billion of it the same day. The most amount of real estate that was ever sold in history in a year was $10 billion. So we were doing six times what anybody did in one day. And I did that because I was scared because I hate risk.