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would be worth more than the amount of money
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that we invested in the equity.
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So, we ended up making twenty-four times our money in that deal
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in twelve years.
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In our world, not the academic world,
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if you make twenty-four times your money in twelve years,
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this is regarded as a success; so, that was a good one.
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Now, a bad one shows you a little bit about the volatility
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and danger of the currency markets.
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We, in 1998, bought--it might have been 1997 or 1998--
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controlled the second biggest cellular phone company in Argentina,
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which was an interesting place to be.