Tobias: Arena operates businesses as well, so how do you characterize Arena as an investor?
We are as comfortable as traders, as lenders, and investors, as well as operators and merchants.
There’s another opportunity to allocate capital and look at the next marginal– at the margin, the next ROIC that makes sense, whether it’s buying another security doing another trade, or plowing capital into an enterprise that’s well managed, and well aligned with thoughtful skilled planning involved in terms of operating those enterprises.
