- So in the end it’s a no-win scenario?
Well, it’s a no-win scenario until basically the elites figure out that at the end of the day, as I like to say to my American hedge-fund friends, the Hamptons is not a defensible position. The Hamptons is a very rich area on Long Island that lie along low-lying beaches. Very hard to defend a low-lying beach. Eventually people will come for you.