In 2012, I learned a lot more about value than I did about money—the value of my family, the value of friendship, and the value of making the best of what you've got.
A coastal community like The Rockaways would certainly be vulnerable when the next one comes around. How much sense does it make to rebuild everything?
What are your estimates? Staying in in preparation for Thanksgiving the following week? Spending a ton of money because of Thanksgiving next week? Let's have a good weekend.
Lastly, the call concluded with: "There are no actionable changes to clients portfolio." No need to do anything with our portfolios, you guys. Sandy didn't do a thing to them!