Friday Night Life 2010

Page 1





7DEOH RI &RQWHQWV

,Q (DFK 6FKRRO 6HFWLRQ 6HDVRQ 3UHYLHZ 7HDP 5RVWHU :KHUH $UH 7KH\ 1RZ" %LOO\ 0RUULV /DUU\ 5LGGOH &DOYLQ 7UDPPHOO -RQDWKDQ &DUWHU +DUOHQ 5RELQVRQ &KDG /HH -HUU\ +DOO 3DXO *D\ /HWWHU IURP WKH (GLWRU

6FKHGXOHV

7KH *UHDWHVW *DPH

$6:$ 3UHVHDVRQ 3ROO

)RRWEDOO 3RS 4XL]


*HQHUDO 0DQDJHU /(,6(/ &$/':(//

LQIR#ODNHZHGRZHHOLIH FRP

(GLWRU .(//< &$/':(// QHZV#ODNHZHGRZHHOLIH FRP

$GYHUWLVLQJ 6DOHV /$92< &$/':(// DGV#ODNHZHGRZHHOLIH FRP

%5(1'$ )25' DGV#ODNHZHGRZHHOLIH FRP

&RQWULEXWLQJ :ULWHUV 521 ,1*5$0 0,.( 0&&250,&. .(9,1 0221

1HLJKERUKRRG 3XEOLVKLQJ +LJKZD\ :HGRZHH $/ ZZZ /DNH:HGRZHH/LIH FRP )ULGD\ 1LJKW /LIH PDJD]LQH LV SXEOLVKHG RQFH D \HDU DQG DYDLODEOH IRU VDOH WKURXJK GLIIHUHQW RUJDQL]DWLRQV DVVRFLDWHG ZLWK HDFK RI WKH VFKRROV LQ &OD\ &OHEXUQH DQG 5DQGROSK FRXQ WLHV 7KH PDJD]LQH LV SURGXFHG E\ 1HLJKERUKRRG 3XEOLVKLQJ $OO FRQWHQW LQ WKLV SXEOLFDWLRQ LV SURWHFWHG E\ 8QLWHG 6WDWHV FRS\ULJKW ODZ DQG PD\ QRW EH UHSURGXFHG GLVWULEXWHG WUDQV PLWWHG GLVSOD\HG RU RWKHUZLVH SXEOLVKHG ZLWKRXW WKH SULRU ZULWWHQ SHUPLVVLRQ RI 1HLJKERUKRRG 3XEOLVKLQJ ‹ 1HLJKERUKRRG 3XEOLVKLQJ



,QWURGXFLQJ RXU ¶%R\V RI )DOO·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

)ULGD\ QLJKW OLIH

JLD EHFDXVH RI WKH ORYH , KDG IRU WKH JDPH DQG KDYH ZLWQHVVHG VSHFWDFX ODU JDPHV RYHU WKH \HDUV 6R LW ZDV D QDWXUDO GUHDP RI PLQH WR FUHDWH WKLV PDJD]LQH DQG WKLV \HDU P\ SDUHQWV DQG , GHFLGHG WR EULQJ WKLV SURMHFW WR OLIH

/HWWHU IURP WKH (GLWRU E\ .HOO\ &DOGZHOO 7KLV PDJD]LQH KDV EHHQ D ODERU RI ORYH IRU WKRVH WKDW KDYH ZRUNHG RQ LW DQG ZH KRSH WR KDYH FDSWXUHG D JOLPSVH RI WKH SDVW SUHVHQW DQG IXWXUH RI WKHVH HLJKW WHDPV LQ &OD\ &OHEXUQH DQG 5DQGROSK FRXQWLHV 7R JHW LQWR WKH VSLULW RI IRRWEDOO VHDVRQ DW WKH HQG RI -XO\ WRRN D OLWWOH ZRUN EXW RQH YLHZLQJ RI WKH .HQQH\ &KHVQH\ YLGHR ´%R\V RI )DOOµ ZDV DOO , QHHGHG

,W FDSWXUHG WKH HVVHQFH RI IRRW EDOO LQ VPDOO WRZQ $PHULFD ZKLOH SD\LQJ KRPDJH WR VRPH RI WKH JUHDWHVW SOD\HUV DQG FRDFKHV WR EH LQYROYHG LQ WKH VSRUW 7KH YLGHR EURXJKW EDFN PHPRULHV RI KLJK VFKRRO IRRWEDOO IRU PH DV D VWXGHQW DQG WKHQ VSRUWV HGLWRU :LWKLQ WKHVH SDJHV ZH KDYH VL[ GHFDGHV RI IRRWEDOO UHSUHVHQWHG ZLWK VWRULHV IURP IRUPHU ´%R\V RI )DOO µ , VDW GRZQ ZLWK WKHP WR ILQG RXW ZKDW WKH\ DUH GRLQJ QRZ DQG KRZ WKH JDPH LPSDFWHG WKHLU OLYHV 7KHVH IRUPHU SOD\HUV KDYH YHU\ GLIIHUHQW OLYHV EXW WKH FRPPRQ HOH PHQW EHWZHHQ WKHP DOO ZDV WKH\ ZRXOG QRW EH ZKHUH WKH\ DUH WRGD\ LI LW KDG QRW EHHQ IRU IRRWEDOO , KRSH WKHVH PHQ V VWRULHV ZLOO EH DV LQVSL UDWLRQDO WR FXUUHQW SOD\HUV DV WKH\ ZHUH WR PH


)ULGD\ QLJKW OLIH


)ULGD\ QLJKW OLIH


.ULV +HUURQ :KDW LV \RXU IDYRULWH H[SUHVVLRQ" ,W·V QRW HQRXJK WR JHW WKLQJV GRQH WKH\ PXVW EH GRQH ULJKW

:KDW LV \RXU IDYRULWH IRRWEDOO PRYLH" 5XG\

:KR LV \RXU FRDFKLQJ KHUR DQG ZK\" 'DQQ\ +RUQ +H JDYH PH WKH RSSRUWXQLW\ ZKHQ , ZDQWHG WR JHW LQWR FRDFKLQJ , OHDUQHG HYHU\WKLQJ , NQRZ IURP KLP

:KDW PDGH \RX JHW LQWR FRDFKLQJ IRRWEDOO" /RYH RI WKH JDPH DQG DQ RS SRUWXQLW\ WR ZRUN ZLWK \RXQJ PHQ DQG WHDFK WKHP OHVVRQV RI OLIH KRZ WR KHOS RWKHUV DQG EH KHOSHG DQG KHOS WKHP EH VXF FHVVIXO LQ HYHU\ HQGHDYRU

,I \RX ZHUH QRW D FRDFK ZKDW ZRXOG \RX EH"

&RDFK +HUURQ

$ VLQJHU LQ D ELJ WLPH JRVSHO TXDUWHW

:KDW LV WKH PRVW LPSRUWDQW WKLQJ IRRWEDOO KDV WDXJKW \RX" 3HUVHYHUDQFH 6WLFN ZLWK LW %DVLFV DQG IXQGDPHQ WDOV«0DNH LW D VSLULWXDO EDVH DQG WHDFK WKH OHVVRQV RI OLIH

:KDW LV \RXU IDYRULWH IRRG" )ULHG &KLFNHQ

+RZ GR \RX UHOD[" 5HDGLQJ ERRNV DW D WLPH

7KUHH ZRUGV WR GHVFULEH \RXU WHDP WKLV \HDU« <RXQJ KDUGZRUNLQJ DQG GHWHUPLQHG


6WDWH 5XQQHU XS ORRNV IRU UHWXUQ WR WLWOH JDPH ZLOO UXQ D $6+/$1' ZLVKERQH DQ , 7KH &OD\ DQG D ZLOGFDW &RXQW\ 3DQ 2Q GHIHQVH WKHUV KDYH RQH &OD\ &RXQW\ JRDO LQ PLQG ORRNV D OLWWOH IRU WKH VHD EHWWHU VRQ«7KDW LV D ´:H KDYH UHWXUQ WR WKH UHWXUQLQJ VWDUW VWDWH FKDPSLRQ HUV«VRPH OLQH VKLS JDPH PHQ WZR LQ KRZHYHU WKH\ WKH VHFRQGDU\ ZDQW WR ZLQ LW DQG RQH OLQH WKLV WLPH ,I EDFNHU ,W ORRNV WKH\ DUH JRLQJ OLNH GHIHQVLYH WR PHHW WKHLU OLQHPDQ /HR JRDO WKH\ ZLOO 5LYLV LV JRLQJ KDYH WR FOLPE WR EH RXU VRPH WDOO &RDFK +HUURQ DQG WKH &OD\ &RXQW\ 3DQWKHUV PRYH XS WR &ODVV $ FRPSHWLWLRQ WKLV OHDGHU µ +HUURQ PRXQWDLQV VHDVRQ 3KRWRV E\ 6KDXQD 'HQQH\ +HDUW·V 'HVLUH 3KRWRJUDSK\ ZHQW RQ WR VD\ 7KH 3DQWKHUV KH KRSHG WKH DIWHU ILQLVKLQJ ´7KH\ ERWK GLG D JRRG MRE LQ GHIHQVH FRXOG FDUU\ WKH WHDP XQWLO ODVW \HDU DUH PRYLQJ IURP WKH VSULQJ DQG LW VHHPV RQH LV WKH RIIHQVH JRW LQWR JHDU DQG JHWV &ODVV $ WR D YHU\ FRPSHWLWLYH &ODVV $ ZLWK VRPH WRXJK WHDPV LQ PRUH RI D UXQ TXDUWHUEDFN DQG WKH VRPH PXFK QHHGHG H[SHULHQFH RWKHU D SDVVLQJ TXDUWHUEDFN µ ´2XU ELJJHVW TXHVWLRQ LV DW WKH WKHLU UHJLRQ +HUURQ VDLG ´'HSHQGLQJ RQ WKH GHIHQVLYH HQGV :H ORVW WZR IURP $QRWKHU PRXQWDLQ LV UHSODFLQJ ODVW \HDU µ 2Q VSHFLDO WHDPV WKH VRPH NH\ SOD\HUV 2Q WKH RIIHQVLYH SOD\ VLWXDWLRQ ZH ZLOO GHFLGH ZKR 3DQWKHUV ORVW ERWK WKHLU SXQWHU VLGH RI WKH EDOO &OD\ &RXQW\ ORVW WR XVH ZKHQ DQG ZKHUH µ DQG SODFH NLFNHU IURP ODVW \HDU VWDUWHUV IURP ODVW \HDU OHDGLQJ WKLV ´:H KDYH VHYHUDO WKDW ZLOO WU\ RXW \HDU·V JURXS ZLOO EH UHWXUQLQJ LQ IDOO SUDFWLFH VR ZH VKRXOG EH VWDUWHU OLQHPDQ 'H[WHU 6LPV E\ 0LNH 0F&RUPLFN DEOH WR QDLO WKRVH SRVLWLRQV GRZQ µ $V IDU DV WKH RWKHU SRVLWLRQV &OD\ &RXQW\ ZLOO EH SOD\LQJ LQ &RDFK .ULV +HUURQ VDLG WKH\ DUH DOO 6HQLRU )XOOEDFN -XVWLQ :DWWV &ODVV $ 5HJLRQ ZLWK +DQGOH\ IRU JUDEV +H GLG VD\ WKH TXDUWHU SOD\HG D ORW ODVW \HDU DQG +HUURQ %HXODK /HHGV %% &RPHU &RRVD EDFN SRVLWLRQ ZRXOG EH ILOOHG E\ &HQWUDO :DOWHU :HOOERUQ DQG ERWK 6KDZQFH\ 6LPPRQV DQG -DNH VDLG KH ZRXOG GHILQLWHO\ EH D VWDUWHU 2Q RIIHQVH WKH 3DQWKHUV 0DUEXU\ $V IDU DV D IDYRULWH 3KLOOLSV

6HDVRQ 3UHYLHZ

)ULGD\ QLJKW OLIH


&OD\ &R 3DQWKHUV )RRWEDOO 5RVWHU

+HUURQ VDLG +DQGOH\ DQG /HHGV ORRN OLNH WKH IDYRU LWHV ´+DQGOH\ LV PRYLQJ GRZQ IURP $ DQG WKH\ KDYH EHHQ LQ WKH SOD\RIIV WKH ODVW FRXSOH RI \HDUV /HHGV KDV D VWDWH FKDPSLRQVKLS XQGHU WKHLU EHOW VR WKH\ DUH JRLQJ WR EH WRXJK µ KH VDLG ´:H KDYH D ZLQQLQJ WUD GLWLRQ KHUH DW &OD\ &RXQW\ DQG ZH MXVW ZDQW WR EH VXFFHVVIXO WKLV \HDU µ &OD\ &RXQW\ ZLOO RSHQ WKH VHDVRQ DW 5DQGROSK &RXQW\

-HUVH\ 1XP

1DPH 'DQLHO +LQWRQ -DFRE 3KLOOLSV /DPDU -RQHV -DPDUL 6WDSOHV 6KDZQFH\ 6LPPRQV $QWKRQ\ :RRGV *HRUJH :LOVRQ %REE\ &XUU\ 7UH\ 'HQQ\ 'HVRPRQG 0LOOHQGHU $QWKRQ\ %UDQG *OHQQ $FNOHV 7LPRWK\ (OOOLV $QGUHZ 5REELQVRQ $GDULXV 6FRWW 'HYRQ *DGGLV -XVWLQ :DWWV (ULQ 6PLWK 5\DQ -DPHV &ROE\ +LO\HU 7UDYLV 6PLWK :DOWHU (QGUHVV 0LFKDHO +RZDUG 6FRWW 'HQQH\ -D\ODQ $FNOHV -RVHSK 0HHN $DURQ *RUWQH\ -DUHG (VWHV &RG\ -RQHV +XQWHU 1HOVRQ &XUWLV 5LOH\ +HFWRU *DUULGR 1LFKRODV /HWW

*UDGH

-HIIHU\ 0FNLQQH\

'HVPRQG $FNOHV 'H[WHU 6LPV /HRQHO 5LYLV -D4XDQ 5RVV

0LFKDHO +RZDUG

'H$QGUH :LOOV

.HQO\Q )UHHPDQ

-RKQ /RYHODG\

$GDP )DUURZ


&OD\ &RXQW\ 0DUFKLQJ %DQG

)ULGD\ QLJKW OLIH


)RUPHU 6KHULII FUHGLWV IRRWEDOO IRU KLV FDUHHU SDWK :KHQ IRUPHU &OD\ &RXQW\ 6KHULII %LOO\ * 0RUULV SOD\HG IRRWEDOO IRU WKH 3DQWKHUV LQ WKLQJV ZHUH FRQ VLGHUDEO\ GLIIHUHQW WKDQ WKH\ DUH WRGD\ )LUVW 0RUULV RQO\ SOD\HG IRRWEDOO KLV VHQ LRU \HDU ZKLFK PD\ QRW VHHP WKDW RGG KRZ HYHU KLV VHQLRU \HDU RI KLJK VFKRRO FDPH DIWHU KH FRPSOHWHG PRQWKV ZLWK WKH 8QLWHG 6WDWHV $UP\ LQ RFFXSLHG .RUHD ´, HQOLVWHG DW DQG WKUHH PRQWKV ODWHU , %LOO\ 0RUULV RQO\ SOD\HG IRRWEDOO IRU RQH VHDVRQ LQ KLJK KDG ERRWV RQ WKH VFKRRO EXW FRQWLQXHG KLV SOD\LQJ FDUHHU LQ FROOHJH JURXQG LQ .RUHD , ZDV D JURZQ PDQ ZKHQ , FDPH EDFN µ WR VWD\ WKHUH 'RQ W UHJLVWHU IRU 0RUULV VDLG ´, ZDV DFWXDOO\ WKH VHF FODVVHV RU DQ\WKLQJ DQG KH ZRXOG RQG ROGHVW RQ WKH WHDP ZKHQ , UH EH EDFN µ WXUQHG µ +H SOD\HG IRU &RDFK *HRUJH :HHNV DQG WKH WHDP ZDV QRW WKH VWURQJHVW WHDP &OD\ &RXQW\ KDV ILHOGHG SRVWLQJ RQO\ WKUHH ZLQV IRU E\ .HOO\ &DOGZHOO WKH \HDU DQG D ORVV WR /LQHYLOOH LQ WKH &OD\ %RZO WKDW VHDVRQ 0RUULV UHFDOOV ZDNLQJ XS WR ´:H JRW WKH KHFN EHDW RXW RI &RDFK :HHNV DW WKH IRRW RI KLV EHG XV µ 0RUULV VDLG ´:H KDG WRR DW D P D IHZ GD\V ODWHU WHOOLQJ PDQ\ URRNLHV OLNH PH , JXHVV µ +RZHYHU DW WKH HQG RI WKH \HDU KLP WR JHW XS DQG WKH\ KDG WR JR ´, DVNHG KLP ZKHUH ZH ZHUH &RDFK :HHNV VDZ SRWHQWLDO LQ 0RU JRLQJ DQG KH VDLG )ORUHQFH $OD µ ULV DQG ZDQWHG KLP WR SOD\ FROOHJH 0RUULV VDLG ´, VDLG ZKHUH V WKDW" µ IRRWEDOO :HHNV ZHQW WR WKH 8QLYHUVLW\ RI ´, GLGQ W WKLQN , ZDV JRLQJ WR FROOHJH µ 0RUULV VDLG ´%XW IRRWEDOO 1RUWK $ODEDPD DV DQ DVVLVWDQW WR +DO 6HOI DQG ERXJKW 0RUULV DORQJ JDYH PH WKDW µ WR SOD\ GHIHQVLYH HQG IRU WKH /LRQV &RDFK :HHNV LQWHQGHG WR WDNH 0RUULV WR -DFNVRQYLOOH 6WDWH 8QLYHU LQ WKH IDOO RI ´0\ FRDFK DVNHG PH LI , ZDQWHG VLW\ DQG HYHQ ZHQW DV IDU DV WDNLQJ WR MRLQ WKH 527& µ 0RUULV VDLG ´, 0RUULV WR WKH FDPSXV VDLG QRW QR EXW + QR , KDG DOUHDG\ ´%DFN WKHQ WKH IRRWEDOO SOD\HUV EHHQ LQ WKH LQIDQWU\ IRU PRQWKV ZHUH KRXVHG LQ ROG DUP\ EDU UDFNV µ 0RUULV VDLG ´&RDFK :HHNV , GLGQ W ZDQW WR JR EDFN 7KHQ WKH FRDFK VDLG WKH\ ZLOO SD\ \RX D GURSSHG PH RII WKHUH DQG WROG PH

:KHUH $UH 7KH\ 1RZ"

PRQWK DQG , VDLG ZKHUH GR , VLJQ µ 0RUULV FROOHJH IRRWEDOO FDUHHU ZDV KDPSHUHG ZLWK LQMXULHV DQG RQO\ ODVW WZR VHDVRQV ´, ORYH IRRWEDOO DQG , ORYHG WR SOD\ µ 0RUULV VDLG ´, VWD\HG KXUW D ORW 2QH WLPH , KDG EUR NHQ P\ QRVH LQ IRXU SODFHV DQG P\ URRPPDWH KDG WR OHDG PH RII WKH ILHOG %XW DIWHU WKH FRDFK VHW LW DQG SXW WDSH DFURVV P\ QRVH KH SXW PH EDFN LQ WKH JDPH 7R EH KRQHVW , GRQ W UH PHPEHU JRLQJ EDFN LQ µ (YHQ WKRXJK KLV SOD\LQJ GD\V ZHUH OLPLWHG 0RUULV LV WKH ILUVW WR WHOO \RX IRRWEDOO SOD\HG D PDMRU UROH LQ KLV OLIH ´)RRWEDOO PHDQV WKH ZRUOG WR PH LI LW ZDVQ W IRU WKDW VSRUW , ZRXOGQ W KDYH JRQH WR FROOHJH µ KH VDLG ´$QG WKHQ ZKHQ , JRW WR FRO OHJH , ZRXOG KDYH QHYHU JRWWHQ LQWR WKH 527& PLOLWDU\ SROLFH SUR JUDP LI LW KDGQ W EHHQ IRU FRDFK µ 0RUULV VWD\HG RQ DFWLYH GXW\ IRU \HDUV EHIRUH UHWXUQLQJ KRPH WR $VKODQG 'XULQJ WKDW WLPH KH PDU ULHG KLV VZHHWKHDUW 1RUPD DQG WKH\ VWDUWHG D IDPLO\ 7KHLU ROGHVW VRQ 6SHQFHU $ODQ ZDV ERUQ LQ *HUPDQ\ ZKLOH WKHLU RWKHU WZR FKLOGUHQ ZHUH ERUQ LQ WKH 8QLWHG 6WDWHV :KHQ WKH 0RUULV IDPLO\ UH WXUQHG WR $VKODQG LQ %LOO\ UDQ D KDUGZDUH VWRUH EXW DIWHU D IHZ \HDUV KH GHFLGHG WR UXQ IRU VKHULII RI &OD\ &RXQW\ ´, FRXOG VHH WKH QHHG IRU D ODZ HQIRUFHPHQW RIILFHU LQ &OD\ &RXQW\ µ KH VDLG ´, ZDV HOHFWHG LQ DQG VWD\HG RQ DV VKHULII IRU WKH QH[W \HDUV ´, EURXJKW WKH ILUVW PDUNHG FDUV WR &OD\ &RXQW\ DQG JRW XV XQL IRUPV µ 0RUULV VDLG ´, IHOW LW ZDV LPSRUWDQW IRU WKH SHRSOH WR NQRZ )ULGD\ QLJKW OLIH


ZKR WKH VKHULII DQG GHSXWLHV ZHUH ZLWKRXW KDYLQJ WR LQWURGXFH RXUVHOYHV 7KH\ NQHZ ZKR , ZDV ZKHQ , ZDONHG LQ WKH GRRU EH FDXVH RI WKH XQLIRUP µ 0RUULV ILQLVKHG KLV UXQ DV WKH VKHULII RI &OD\ &RXQW\ LQ EXW FRQWLQXHV KLV ZRUN LQ SXEOLF VDIHW\ DV WKH EDLOLII IRU -XGJH 5RFK HVWHU DW WKH &OD\ &RXQW\ &RXUWKRXVH +H DOVR FRQWLQXHV WR ORYH KLJK VFKRRO DQG FROOHJH IRRWEDOO ´, DP QRW EUDJJLQJ EHFDXVH WKHUH ZHUH DWK OHWHV PRUH WDOHQWHG WKDQ PH EXW IRRWEDOO JDYH PH D ORW µ 0RUULV VDLG ´$QG , ZLOO DO ZD\V EH JUDWHIXO IRU WKDW µ

3KRWR &RXUWHV\ RI 0LNH 3DWWHUVRQ 3KRWRJUDSK\

&OD\ &RXQW\ 9DUVLW\ &KHHUOHDGHUV


0LFKDHO 6KRUWW :KDW LV \RXU IDYRULWH H[SUHVVLRQ" ,I \RX ZRUN KDUG DQG SD\ WKH SULFH JRRG WKLQJV ZLOO DOZD\V KDSSHQ

:KDW LV \RXU IDYRULWH IRRWEDOO PRYLH" %ULDQ·V 6RQJ

:KR LV \RXU FRDFKLQJ KHUR DQG ZK\" 8&/$·V -RKQ :RRGHQ +H ZDV D JUHDW FRDFK DQG D JUHDW &KULVWLDQ WKDW OLYHG KLV OLIH WKDW ZD\

:KDW PDGH \RX JHW LQWR FRDFKLQJ IRRWEDOO" $OZD\V ZDQWHG WR EH DURXQG VSRUWV

:KDW LV WKH PRVW LP SRUWDQW WKLQJ IRRWEDOO KDV WDXJKW \RX" +RZ WR KDQGOH DGYHUVLW\ LQ OLIH

,I \RX ZHUH QRW D FRDFK ZKDW ZRXOG \RX EH"

&RDFK 6KRUWW

$ )RUHVWHU RU JDPH ZDU GHQ«$Q\WKLQJ ZRUNLQJ RXWVLGH

:KDW LV \RXU IDYRULWH IRRG" *ULOOHG FKLFNHQ

+RZ GR \RX UHOD[" )LVKLQJ DQG KXQWLQJ

$V D SOD\HU ZKDW LV \RXU PRVW PHPRUD EOH JDPH" $OH[DQGULD JDPH«, VFRUHG WKUHH WLPHV

7KUHH ZRUGV WR GHVFULEH \RXU WHDP WKLV \HDU« %OXH FROODU OR\DO DQG KDUG ZRUNLQJ


7LJHUV ORRN WR JHW EDFN WR ZLQQLQJ ZD\V 0DWW 1RUWRQ +()/,1 1RUWRQ LV D $IWHU PLVVLQJ · µ TXDUWHU WKH VWDWH EDFN WKDW FDQ SOD\RIIV IRU GR LW DOO«UXQ VWUDLJKW RU SDVV ´+H \HDUV WKH GLG JHW VRPH &OHEXUQH SOD\LQJ WLPH &RXQW\ 7L ODVW \HDU EXW JHUV DUH KXQ WKLV \HDU LW LV JU\ DQG DUH DOO LQ KLV ORRNLQJ IRU KDQGV µ VDLG WR EH WKH 6KRUWW 6WDUW \HDU WKH\ JHW LQJ EHKLQG EDFN LQ WKH 1RUWRQ LV WLWOH KXQW DQG WDLOEDFNV JHW EDFN LQ &KULV (UYLQ WKH VWDWH DQG %UD\GHQ SOD\RIIV :DONHU ´7KLV LV 6KRUWW VDLG QRW D VLWXD WKH SDVV UH WLRQ ZH DUH FHLYHUV DUH XQWHVWHG XVHG WR µ VDLG &RDFK WKLV \HDU ´:H ZLOO 0LFKDHO 6KRUWW ´, KDYH SXW 5RFN\ +D\HV RXW EHHQ KHUH IRU \HDUV WKHUH DQG KH ZLOO EH DQG RXU SOD\HUV DUH RXU JR WR PDQ µ +H KXQJU\ µ ZHQW RQ WR VD\ WKH 1RW RQO\ LV 6KRUWW ILUVW SULRULW\ ZLOO EH ORRNLQJ IRU D ZLQQLQJ WR HVWDEOLVK WKH UXQ VHDVRQ DQG D SOD\RII QLQJ JDPH DQG WKHQ VSRW KH LV SHUVRQDOO\ WK PL[ LQ WKH SDVV SOD\V ORRNLQJ IRU KLV ´, WKLQN RXU VWUHQJWK FDUHHU YLFWRU\ ZLOO EH RQ WKH RIIHQ ´, KDYH FRDFKHG VLYH OLQH µ 7KH 7LJHUV KHUH IRU \HDUV DQG ZLOO UHWXUQ DOO RI WKHLU DP VLWWLQJ DW QRZ µ VWDUWHUV RQ WKH OLQH KH VDLG ´7KLV \HDU , ZLWK WKUHH EHLQJ VHQ NQRZ , DP JRLQJ WR 7KH &OHEXUQH &RXQW\ 7LJHUV DUH KXQJU\ WR UHWXUQ WR WKH VWDWH LRUV 2Q GHIHQVH WKH PDNH LW WR WKH FHQWXU\ SOD\RIIV LQ 7LJHUV DUH UHWXUQLQJ PDUN µ VWDUWHUV ´:H GLGQ·W $IWHU JRLQJ ODVW KDYH D JUHDW \HDU RQ GHIHQVH ODVW \HDU 6KRUWW IHHOV OLNH WKLV \HDU VHDVRQ EXW WKLV \HDU ZH DUH D ORW FRXOG EH D WXUQDURXQG IRU KLV E\ 0LNH 0F&RUPLFN VWURQJHU PRUH H[SHULHQFHG DQG WHDP 7KH 7LJHUV VWDUWHG VRSKR WRXJKHU PHQWDOO\ µ %UD\GHQ PRUHV ODVW VHDVRQ DQG ZLWK WKHP :DONHU DQG /XFDV &DUWHU ZLOO EH UHWXUQLQJ LW ORRNV OLNH WKLV \HDU PXOWLSOH RIIHQVH ZLWK VRPH :LQJ WKH GHIHQVLYH OHDGHUV 2Q VSHFLDO FRXOG EH WKH WXUQDURXQG 6KRUWW LV 7 DQG VRPH 6SUHDG 7 $QFKRULQJ VHHNLQJ 7KH 7LJHUV ZLOO UXQ D WKH RIIHQVH ZLOO EH ILUVW \HDU VWDUWHU WHDPV WKH 7LJHUV ORRN VROLG ZLWK

&OHEXUQH &RXQW\ 7LJHUV )RRWEDOO 7HDP

6HDVRQ 3UHYLHZ

)ULGD\ QLJKW OLIH


%UD\GHQ :DONHU GRLQJ WKH SXQW LQJ ´+H KDV DQG VWLOO LV DYHUDJLQJ DW OHDVW \DUGV SHU NLFN +LV OHJ VHHPV WR EH JHWWLQJ VWURQJHU DV WLPH JRHV E\ µ .LFNLQJ WKH ILHOG JRDOV DQG H[WUD SRLQWV ZLOO EH %ODNH 3ULFH 3ULFH LQ SUDFWLFH GXU LQJ WKH VSULQJ ZDV DYHUDJLQJ \DUGV &OHEXUQH &RXQW\ ZLOO EH SOD\

LQJ LQ &ODVV $ 5HJLRQ ZLWK $QQLVWRQ 6W &ODLU &RXQW\ $OH[ DQGULD -DFNVRQYLOOH 2QHRQWD /R FXVW )RUN DQG 6SULQJYLOOH 6KRUWW VDLG KH ZDV JODG KLV WHDP ZDV EDFN LQ WKH QRUWKHUQ UHJLRQ ´D OLWWOH FORVHU WR KRPH µ $ IDYRULWH LQ WKH UHJLRQ" &RDFK 6KRUWW VDLG LW KDG WR EH $QQLVWRQ ´<RX NQRZ WKH\ KDYH EHHQ LQ $ DQG $ DQG

WKH\ DUH JRLQJ WR EH WRXJK &RDFK 6KRUWW LV D JUDGXDWH RI &OHEXUQH &RXQW\ +LJK 6FKRRO DQG -DFNVRQYLOOH 6WDWH 8QLYHUVLW\ +H KDV FRDFKHG DW $OEDQ\ +LJK 6FKRRO LQ $OEDQ\ *HRUJLD DQG DW KLV $OPD 0DWHU &OHEXUQH &RXQW\ &OHEXUQH &RXQW\ ZLOO RSHQ WKH VHDVRQ DJDLQVW /LQHYLOOH

&OHEXUQH &RXQW\ 7LJHUV 9DUVLW\ 5RVWHU 180

1$0( +2:/( 7$11(5 :$/.(5 %5$<'(1 +$<(6 52&.< '($1 -25'$1 6$17$1$ '2129$1 0&(/52< -(5(0,$+ :$/.(5 78:$1 %2<.,1 3$75,&. +(1621 &+5,67,$1 125721 0$77 %,**(56 75$&( *5(< 6($1 .,.(5 /8.( 7851(5 %/$.( &5803721 '$.27$ %87/(5 -2+1 (59,1 &+5,6 %/$1721 $1'5(: 6$17$1$ $/$1 35,&( %/$.( &22/(< %(1721 6:($7 '$11< &+$33(//( 3$/0(5 5,**,16 ,6$,$+ :$5( ,6$,$+ 52%/(52 7,72 60,7+ &/$< 02552: 0$7+(: 52//,16 /8.( :$//$&( 1,&. -21(6 '</$1 7+20$6 -$0$5, .(55 &$0(521

*5$'(

180%(5

1$0( %(// 7$7( -26/,1 (=5$ %(1(),(/' '$0,21 %2<' '$/721 %522.6 $867,1 125721 +817(5 &25'(/ -$5(' &/$5.( .<586 +2:/( &+$6( 6+,)/(77 5867< $//5(' $/(; &5803721 '</$1 6+2577 0$77+(: :$/.(5 -8:$1 9266 67(9(1 ($9(6 (7+$1 '($1 -$&2% 7$</25 $//(1 '5<'(1 +817(5 &22. '$.27$ 587/('*( '5(: *22'0$1 &$/(% %<180 '($1'5( &$57(5 /8&86 &$57(5 &+5,67,$1 7($*8( *(2))5(< /(( $/(; 7851(5 *5,)),1 :,//,$0621 '5$.( /$1*/(< &2'< 2/,9( 6$',4 6787/(5 %,//< 785/(< '$/721

*5$'(


$WKOHWLFV 0LQLVWU\ ,PSRUWDQW WR 5LGGOH +()/,1 :KHQ /DUU\ 5LGGOH ZDV JURZLQJ XS LQ UXUDO &OHEXUQH &RXQW\ VSRUWV GRPLQDWHG KLV OLIH +H OLNH DOO \RXQJ PHQ KDG KHURHV WKDW KH IROORZHG UHOLJLRXVO\ +H JUHZ XS DFURVV WKH VWUHHW IURP ´6KRUW\µ 1RUWRQ DQ HDUOLHU &OH EXUQH &RXQW\ 6WDU 6KRUW\ ZDV RQH RI WKH PDQ\ VSRUWV KHURHV IURP WKH ODWH V 5LGGOH KDG KLV RSSRUWXQLW\ WR VKLQH LQ WKH PLG V ZKHQ IRRWEDOO DW &OHEXUQH &RXQW\ +LJK ZDV ERRPLQJ ,W ZDV GXULQJ WKHVH GD\V WKDW &RDFK %LOO 5XWKHUIRUG FDPH WR +HIOLQ WR OHDG WKH 7LJHUV 7KHVH \HDUV EHFDPH VRPH RI WKH EHVW LQ KLVWRU\ IRU &OHEXUQH &RXQW\ +LJK 7KH VHDVRQ RI VDZ WKH 7LJHUV JR XQGHIHDWHG IRU WKH ILUVW WLPH HYHU 5LGGOH KDG WKH RSSRUWXQLW\ WR SOD\ ZLWK VRPH RI WKH EHVW DWK OHWHV RI WKH GD\ *DU\ :ULJKW ZKR ODWHU SOD\HG DW 7HQQHVVHH %REE\ 6ZDIIRUG ZKR ZHQW RQ WR $ODEDPD WR SOD\ IRU &RDFK %U\ DQW &KDUOHV (G :KLWH WR 6DP IRUG 5RJHU +LHWW DORQJ ZLWK 5LG GOH ZHQW WR )ORULGD 6WDWH $W )ORU LGD 6WDWH WKH\ ZHUH WHDPHG ZLWK VRPH JUHDWV« )UHG %LOHWQLNRII 5RQ 6HOOHUV DQG RWKHUV <HDUV DW )ORULGD 6WDWH ZHUH GLI ILFXOW EHFDXVH RI LQMXULHV 'XULQJ

)ULGD\ QLJKW OLIH

5LGGOH ZDV SODJXHG ZLWK LQMXULHV GXULQJ KLV FROOHJH FDUHHU DW )ORULGD 6WDWH +H FUHGLWV IRRWEDOO ZLWK SUHSDULQJ KLP IRU OLIH·V ZRUN WKHVH WLPHV 5LGGOH VDLG KH ´SUHSDUHG IRU WKH GD\V RI PLQLV WU\ WR FRPH µ

:KHUH $UH 7KH\ 1RZ" E\ 0LNH 0F&RUPLFN 1RZ PDQ\ \HDUV ODWHU WKH MR\ RI WKH IDOO LV VWLOO WKHUH DV WKH WHDPV VXLW XS EXW WKH UHDO MR\ RI

OLIH IRU 5LGGOH KDV EHHQ WKH ZRUN RI PLQLVWU\ +H KDV HQMR\HG WKHVH PDQ\ \HDUV DV D SDVWRU )RRWEDOO ZDV D JDPH WKDW KHOSHG WR SUH SDUH KLP IRU D OLIH·V ZRUN %HLQJ EDFN LQ &OHEXUQH &RXQW\ QRZ DV WKH 'LUHFWRU RI 0LVVLRQV IRU WKH &OHEXUQH %DSWLVW $VVRFLDWLRQ JLYHV KLP DQ RSSRU WXQLW\ WR SXW RQ WKH 5HG DQG %ODFN DQG JHW RXW WR WKH EDOOJDPH )RRWEDOO LV VWLOO WKH ELJJHVW WKLQJ KDSSHQLQJ RQ D )ULGD\ 1LJKW


&OHEXUQH &RXQW\ 9DUVLW\ )RRWEDOO &KHHUOHDGHUV

)ULGD\ QLJKW OLIH


&OHEXUQH &RXQW\ 0DUFKLQJ %DQG

)ULGD\ QLJKW OLIH


0LNH %DWWOHV :KDW LV \RXU IDYRULWH VSRUWV PRYLH" +RRLVHUV

:KR LV \RXU FRDFKLQJ KHUR DQG ZK\" , VWROH IURP D ORW RI JX\V DQG KDYH ZRUNHG ZLWK D ORW RI JRRG JX\V 7KH JX\ WKDW ZDV SUREDEO\ WKH PRVW LQVWUXPHQWDO LQ P\ OLIH ZHUH 3HWH 5LFK DQG 7RP &DOYLQ 7KH\ ZHUH P\ KLJK VFKRRO IRRWEDOO FRDFKHV 7KH\ NHSW PH RQ WKH VWUDLJKW DQG QDUURZ 7KH\ ZHUH JRRG RQHV

:KDW PDGH \RX JHW LQWR FRDFKLQJ IRRWEDOO" , OLNH WKH JDPH , GRQ W WKLQN WKHUH LV DQ\WKLQJ HOVH OLNH LW , GRQ W SODQ RQ HYHU JHWWLQJ RXW RI LW XQOHVV WKH\ WDNH P\ ZKLVWOH DZD\ <RX FDQ ILQG RXW PRUH DERXW \RXUVHOI RQ D IRXUWK DQG RQH WKDQ \RX FDQ LQ DQ\ RWKHU WKLQJ

:KDW LV WKH PRVW LPSRUWDQW WKLQJ IRRWEDOO KDV WDXJKW \RX"

&RDFK %DWWOHV

)RRWEDOO LV OLIH WR PH 7KHUH DUH JRLQJ WR EH XSV DQG GRZQV :KHQ \RX DUH GRZQ \RX KDYH WR JHW EDFN XS DQG ZKHQ \RX DUH XS \RX GRQ W QHHG WR IRUJHW ZKDW JRW \RX WKHUH

,I \RX ZHUH QRW D FRDFK ZKDW ZRXOG \RX EH" 1RWKLQJ , FDQ W HYHQ LPDJLQH , KDYHQ W EHHQ RII WKH IRRWEDOO ILHOG VLQFH WKH PLG V

:KDW LV \RXU IDYRULWH IRRG" 2\VWHUV DERYH $OO 1RWKLQJ EHDWV )ULHG *XOI 2\VWHUV

$V D SOD\HU ZKDW LV \RXU PRVW PHPRUDEOH JDPH" ,W KDV EHHQ VR ORQJ DJR , GRQ W UHDOO\ KDYH RQH DV D SOD\HU $V D FRDFK WKH PRVW PHPRUDEOH JDPHV ZHUH WKH RQHV ZKHQ , FRDFKHG P\ VRQV 7KH \HDUV WKDW , JRW WR FRDFK WKHP ZHUH WKH EHVW LQ P\ OLIH

7KUHH ZRUGV WR GHVFULEH \RXU WHDP WKLV \HDU« ,QH[SHULHQFHG KDUGZRUNLQJ DQG NQRZOHGJHDEOH


7KH 7LJHUV RSHQ WKH VHDVRQ DJDLQVW +HDUG &RXQW\ *D 7KLV VHDVRQ +DQGOH\ GURSV GRZQ WR &ODVV $ DQG ZLOO FRPSHWH DJDLQVW SHUHQQLDO SRZHUKRXVH &OD\ &RXQW\ LQ UHJLRQ FRPSHWLWLRQ

7LJHUV KXQJU\ IRU PRUH LQ 52$12.(³7KH 7KH 7LJHUV JUDGXDWHG +DQGOH\ 7LJHUV DUH DQ LPSUHVVLYH JURXS FRPLQJ RII RQH RI LWV LQ WKH RII VHDVRQ LQ PRUH VXFFHVVIXO VHD FOXGLQJ WKUHH SOD\HUV VRQV LQ UHFHQW KLVWRU\ WKDW ZLOO FRQWLQXH ZLWK D UHFRUG WKDW WKHLU IRRWEDOO FDUHHUV LQFOXGHG D WULS WR WKH DW FROOHJH WKLV IDOO VHPLILQDOV LQ &ODVV $ +RZHYHU %DWWOHV LV +RZHYHU WKLV LV D TXLFN WR SRLQW RXW WKLV QHZ VHDVRQ ZLWK QHZ LV QRW D UHEXLOGLQJ SOD\HUV D QHZ FODVVLIL \HDU IRU +DQGOH\ FDWLRQ DQG QHZ RSSR ´:H ORVW VRPH JRRG QHQWV ER\V EXW ZH KDYH 7KH 7LJHUV GURS VRPH JRRG NLGV FRP GRZQ WR &ODVV $ WKLV LQJ EDFN 7KH FXS VHDVRQ EXW 7LJHUV ERDUG LV QRW EDUH E\ &RDFK 0LNH %DWWOHV LV DQ\ PHDQV µ %DWWOHV +DQGOH\ UHFRUGHG LWV ILUVW ZLQ VHDVRQ ODVW IDOO DQG ORRN WR VDLG WKH ILUVW WR VD\ WKDW LW ZRQ W EH DQ\ HDVLHU 7KH 7LJHUV RXWVFRUHG FRQWLQXH LWV VXFFHVV LQ LWV QHZ FODVVLILFDWLRQ ´:H PLJKW EH WKHLU RSSRQHQWV SOD\LQJ LQ D VPDOO FODVVLILFDWLRQ WKLV ODVW VHDVRQ ZKLFK DOORZHG PRUH \HDU EXW RXU UHJLRQ LV VWLOO ORDGHG SOD\HUV RQ WKH URVWHU WR VHH DFWLRQ E\ .HOO\ &DOGZHOO ZLWK WRXJK FRPSHWLWLRQ µ %DWWOHV ´$ ORW RI RXU WHDP JRW WR SOD\ ODVW VDLG ´:H SOD\ &OD\ &RXQW\ DQG \HDU µ %DWWOHV VDLG ´, ZRXOGQ W FRQ /HHGV µ EHDW WKH JX\V LQ \RXU UHJLRQ GRQ W VLGHU VRPH RI WKHVH JX\V UHWXUQLQJ &OD\ &RXQW\ ILQLVKHG WKH VHDVRQ H[SHFW WR ZLQ LW DOO DW VWDWH µ VWDUWHUV EXW WKH\ JRW D ORW RI SOD\LQJ DV VWDWH UXQQHU XS ODVW VHDVRQ DQG 7KH QRQ UHJLRQ VFKHGXOH LV MXVW DV WLPH DQG ZHUH WKHUH ZKHQ ZH /HHGV ZRQ WKH WLWOH WZR \HDUV DJR FRPSHWLWLYH ZLWK +HDUG &RXQW\ QHHGHG WKHP µ ´:H ZLOO ILQG RXW ZKDW ZH FDQ 6ZHHW :DWHU DQG /LQHYLOOH 2QH RI WKRVH SOD\HUV LQFOXGH 7UD\ GR UHDO TXLFN DQG WKHQ ZH ZLOO RSHQ ´:H KDYH D ORW RI WHVWV DKHDG RI .\OHV ZKR VDZ DFWLRQ DW TXDUWHUEDFN DUHD SOD\ µ %DWWOHV VDLG ´ ,I \RX FDQ W XV µ ODVW VHDVRQ

6HDVRQ 3UHYLHZ

)ULGD\ QLJKW OLIH


+DQGOH\ 7LJHUV 9DUVLW\ )RRWEDOO 180%(5

1$0( '(;7(5 5((6( %5(<21 '(%(55< '85$1 =$&+$5< &+5,6 ',//$5' ',-21 :,//,$06 &2857/$1' <$7(6 /$1&( +(1'(5621 75$( '81621 9,1&( %211(5 -(5(0< +,**,16 '217$( :$776 75$( .</(6 6+$9$5 +2/,'$< &+$' 7+203621 $17+21< )267(5 =$&+ +$// 6('5,&. 78&.(5 &2'< )267(5 +(%(57 67$3/(6 '$0,(1 +$55,6 '(1=(/ &$1121 75,67$1 7+203621 7</(5 %(/&+(5 %5<$17 -2+1621 5$6+$' 75$00(// '(0(75,6 )267(5 (/, 7$</25 '(-8$1 &/$5. .(9,1 025*$1 7<5(//( 7+203621 -26+ 08//(5 0$5&(//286 )/2<' 6(0$- 1811 -(52' 78&.(5 &21125 60,7+ .(11< 6(,))(57

*5$'(

180%(5

1$0( %5$1 75$00(// 0,&+$(/ 3$77(5621 $48$98$1 :,//,$06 =$&+ 0853+< &21125 %2<' '·$17+21< :+$7/(< 48,11 .(//(< (5,& 3+,//,36 -21$7+$1 +($5' &$/(% .,16(< &2/721 0853+< '(55,&. :$7.,16 :,// 3(11,1*721 48$1'$/( 75$00(// $17+21< 7$</25 :,//,$0 75($':(// 48,1721 52:/$1' .</( 5$< +817(5 )8/*+80 -26+ 0&0$186 '28* 78&.(5 $1'5(: 2:(16 %($8 52%,1621 7$</25 :,6(1(5 $//(1 .(//(< 48,17,1 3,776 7+20$6 ,9(< 6+$48$1 */$66 :,// 7(11$17 (5,& 9(/$=48(= %5$'/(< %2=(0$1 .,(021 6$1'(56 7(9,1 025*$1 &2%< )/2<' &855,$1 :+,7/2: 0$77 :,6(

*5$'(


´+H SOD\HG LQ D ORW RI , WKH ERQH DQG WKH 1RWUH JDPHV DQG LV D JRRG DWK 'DPH %R[ %DVLFDOO\ ZH DUH OHWH µ %DWWOHV VDLG JRLQJ WR DGMXVW ZKDW ZH GR +RZHYHU 6KDYDU WR ILW WKH SHUVRQQHO ZH +ROOLGD\ LV EDWWOLQJ IRU WKH KDYH µ SRVLWLRQ DV ZHOO 7KH GHIHQVH UHWXUQV IRXU ´7KH\ KDYH WR JHW WKHLU $OO &RXQW\ SOD\HUV WKLV \HDU RQ WKH MRE WUDLQLQJ µ %DWWOHV LQFOXGLQJ *DWHV 'LOODUG VDLG ´:H WKLQN ERWK JX\V 'HEHUU\ DQG +LJJLQV ZLOO EH DEOH WR KHOS XV LI WKH\ ´7KHVH NLGV DUH VPDUW µ %DW GR ZKDW WKH\ QHHG WR GR µ WOHV VDLG ´7KH\ XQGHUVWDQG 6RPH RI WKH JR WR JX\V WKH JDPH 7KH\ PDNH D ORW IRU WKH TXDUWHUEDFN LQFOXGH RI FDOOV DQG FDQ JHW WKH MRE &KULV 'LOODUG DW IXOO EDFN GRQH µ %UH\RQ 'HEHUU\ DW UXQQLQJ 'HUULFN :DWNLQV DQG :LO EDFN &RXUWODQG *DWHV DW OLDPV DUH WDNLQJ RYHU WKH ZLGH UHFHLYHU DQG 'LMRQ GHIHQVLYH HQG SRVLWLRQ IRU :LOOLDPV DW WLJKW HQG WKH 7LJHUV DQG 'RXJ 7XFNHU 7KH RIIHQVLYH OLQH UHWXUQV VHYHUDO NH\ SOD\HUV 2WKHU UHWXUQLQJ SOD\HUV MRLQV WKH UDQNV DW GHIHQVLYH IURP ODVW VHDVRQ LQFOXGLQJ VRSKRPRUH %UDGOH\ WKDW VDZ DFWLRQ RQ RIIHQVH WDFNOH %R]HPDQ DERYH ODVW VHDVRQ LQFOXGH 'H[WHU ´,W LV JRLQJ WR EH RQH RI 5HHVH -HUHP\ +LJJLQ -RQD WKRVH \HDUV µ %DWWOHV VDLG WKDQ +HDG .\OH 5D\ :LOO 3HQQLQJ SDLJQ DQG ZLOO UXQ LWV RIIHQVH IURP ´7KH\ JRW WR SOD\ D ORW ODVW \HDU EXW WRQ DQG =DFN 0XUSK\ PXOWLSOH IRUPDWLRQV QRZ LW LV WKHLU WLPH WR FRZER\ XS 7KH 7LJHUV KDYH D ORW RI HTXLS ´:H DUH OLNH HYHU\RQH HOVH µ %DW 7KH\ DUH JRLQJ WR GR ZKDW LW WDNHV WR PHQW LQ LWV DUVHQDO IRU WKH FDP WOHV VDLG ´:H VSUHDG LW RXW UXQ WKH ZLQ µ

)ULGD\ QLJKW OLIH


+DQGOH\ 7LJHUV 9DUVLW\ &KHHUOHDGHUV


+DQGOH\ +LJK 6FKRRO 0DUFKLQJ %DQG 8VH RXU IDQ SDJH WR UHSRUW VFRUHV« ZZZ IDFHERRN FRP IULGD\QLJKWOLIH DO

)ULGD\ QLJKW OLIH


)ULGD\ QLJKW OLIH


)ULGD\ QLJKW OLIH


/HVVRQV OHDUQHG LQ WKH JDPH SDLG RII IRU 7UDPPHOO OHDUQHG )RU WKH KRZ WR ODVW WZR FRRN %H \HDUV &DOYLQ IRUH ORQJ 7UDPPHOO DOO WKH KDV VSHQW KLV SHRSOH IDOO RUJDQL] WKHUH LQJ \RXWK ZHUH UH IRRWEDOO DV TXHVWLQJ WKH GLUHFWRU PH WR GR IRU WKH 5RD DOO WKH QRNH 5HFUHD FRRNLQJ µ WLRQ 'HSDUW 2QH GD\ PHQW +RZ WKH VWDWH HYHU \HDUV GLHWLWLDQ DJR KH ZDV FDPH WR SOD\LQJ WKH YLVLW DQG JDPH IRU WKH KHOSHG +DQGOH\ 7L JLYH JHUV ´, SOD\HG &DOYLQ 7UDPPHOO SOD\HG IRU WKH +DQGOH\ 7LJHUV LQ WKH V XQGHU &RDFK 3DXO :RROOH\ +H 7UDPPHOO KLV QH[W UXQQLQJ EDFN ZDV QDPHG KRQRUDEOH PHQWLRQ WR WKH $OO 6WDWH WHDP DV D VHQLRU DIWHU WKH VHDVRQ RSSRUWX RQ RIIHQVH DQG QLW\ OLQHEDFNHU RQ GHIHQVH 'RQ W ORRN WKH VHDVRQ ´6KH WROG PH WKDW KHU KXVEDQG DW PH QRZ WKDW ZDV D ORW RI 7UDPPHOO ZDV DOVR DZDUGHG ZRUNHG DW 0LOOLNHQ , ZHQW WR FKLFNHQ OHJV DJR µ KH ODXJKHG DWKOHWLF VFKRODUVKLSV IRU EDVHEDOO ZRUN WKHUH LQ D WHPSRUDU\ SRVL 7UDPPHOO SOD\HG XQGHU &RDFK DQG IRRWEDOO WR -DFNVRQYLOOH 6WDWH WLRQ µ KH VDLG 8QLYHUVLW\ EXW DIWHU D UHG VKLUW 3DXO :RROOH\ DQG KLV VHQLRU FDP 7ZHQW\ ILYH \HDUV ODWHU SDLJQ HQGHG ZLWK D UHFRUG VHDVRQ LQ IRRWEDOO KH WUDQVIHUUHG 7UDPPHOO OHIW WKH SODQW ZKHQ LW ZKLFK LQFOXGHG D ILUVW URXQG VWDWH WR $ODEDPD 6WDWH 8QLYHUVLW\ WR FORVHG LQ 'HFHPEHU RI KRZ SOD\RII DSSHDUDQFH SOD\ EDVHEDOO +H ODWHU JUDGXDWHG HYHU KH ZDV QRW ZLWKRXW D MRE DV ZLWK D GHJUHH LQ SK\VLFDO HGXFD ´:H ZHUH OLNH D IDPLO\ µ WKH FLW\ RI 5RDQRNH KLUHG KLP WR 7UDPPHOO VDLG ´:H ZHUH UHDO WLRQ WDNH RYHU WKH UHFUHDWLRQ GHSDUW ERQGHG DQG PRVW DOO WKH VHQLRU PHQW D IHZ ZHHNV EHIRUH FODVV SOD\HG IRRWEDOO :H JUHZ XS ´,W MXVW SURYHV *RG KDV D SODQ SOD\LQJ WRJHWKHU DQG ZH KDG D ORW IRU PH DQG LW LV RQ +LV WLPHWDEOH RI OHDGHUVKLS RQ WKH WHDP WRR µ QRW PLQH µ 7UDPPHOO VDLG 7UDPPHOO LV D QDWXUDO OHDGHU E\ .HOO\ &DOGZHOO +H VDLG KLV GUHDP MRE KDG DO QRW RQO\ LQ ZRUGV EXW DOVR E\ KLV ZD\V EHHQ WR EH WKH GLUHFWRU RI WKH DFWLRQV UHFUHDWLRQ GHSDUWPHQW IRU 5RDQRNH ´, DOZD\V ZDQWHG WR WHDFK EXW ´, ZDV DOO EXVLQHVV ZKHQ LW EXW ORQJ WLPH IULHQG 0LNH )LVKHU FDPH WR SOD\LQJ µ KH VDLG ´, KDYH WKDW ZDVQ W *RG V SODQ IRU PH µ SHRSOH FRPH XS WR PH WRGD\ WKDW , 7UDPPHOO VDLG ´, WKRXJKW , ZRXOG KDG NHSW WKH SRVLWLRQ IRU \HDUV ´3DWLHQFH LV VRPHWKLQJ , GRQ W NQRZ IURP DQ\WKLQJ DQG WHOO KDYH PDGH D JUHDW WHDFKHU EHFDXVH OHDUQHG IURP IRRWEDOO µ 7UDPPHOO PH KRZ WKH\ UHPHPEHUHG SOD\LQJ , ORYH NLGV VR PXFK µ VDLG ´,W WDXJKW PH D ORW RI WKLQJV ,QVWHDG KH ZHQW WR ZRUN DW D DJDLQVW PH LQ KLJK VFKRRO µ QXUVLQJ KRPH ZKHUH KLV VLVWHU ZDV EXW SDWLHQFH LV D ELJ RQH µ 3HRSOH DW WKH VWDWH OHYHO WRRN +H KDG OHDUQHG WKDW )LVKHU LQ WKH GLHWLWLDQ QRWLFH RI 7UDPPHOO DV ZHOO DQG WHQGHG WR UXQ IRU PD\RU RI 5RD ´, ORYHG WKDW WRR µ 7UDPPHOO QDPHG KLP KRQRUDEOH PHQWLRQ WR VDLG ´, ZRUNHG LQ WKH NLWFKHQ DQG QRNH DQG LI HOHFWHG 7UDPPHOO V WKH &ODVV $ $OO 6WDWH 7HDP IRU

:KHUH $UH 7KH\ 1RZ"


GUHDP MRE ZRXOG EH WKHUH IRU WKH WDNLQJ ´, JRW P\ GXFNV LQ D URZ DQG DSSOLHG µ 7UDPPHOO VDLG ´$QG , KDYH EHHQ KHUH IRU PRQWKV QRZ DQG , ORYH HYHU\ PLQXWH RI LW µ $V D SOD\HU 7UDPPHOO KHOSHG OHDG KLV WHDP WR YLFWRU\ QRZ LQ KLV FXUUHQW UROH KH HQFRXUDJHV WKH FKLOGUHQ RI 5RDQRNH WR EH WKH EHVW WKH\ FDQ EH DQG JLYHV WKHP WKH RSSRUWXQLW\ WR OHDUQ KRZ WR

)ULGD\ QLJKW OLIH

SOD\ WKH VSRUWV KH ORYHG VR PXFK ´, ORYH NLGV DQG WKLV MRE DOORZV PH WR KDYH DQ LPSDFW RQ WKHLU OLYHV µ KH VDLG ´, ORYH VHHLQJ KRZ WKH NLGV GHYHORS RYHU WKH \HDUV DQG , WU\ WR WHDFK WKHP ZKDW , OHDUQHG IURP WKH JDPH µ $QRWKHU WUDLW 7UDPPHOO GHYHO RSHG IURP SOD\LQJ IRRWEDOO ZDV KXPLOLW\ ´, KDYH DOZD\V IHOW WKDW \RX VKRXOG QHYHU EUDJ RQ \RXUVHOI µ KH VDLG ´,I \RX DUH WKDW JRRG OHW

VRPHRQH HOVH VD\ LW EHFDXVH LW KROGV PRUH ZHLJKW 1RERG\ OLNHV D EUDJJHU µ $QRWKHU FDOOLQJ WKDW FDPH IURP IRRWEDOO DFFRUGLQJ WR 7UDPPHOO ZDV EHFRPLQJ D SUHDFKHU ´, UHDOO\ VWDUWHG PLQLVWHULQJ ZKHQ , ZDV LQ KLJK VFKRRO µ KH VDLG ´&RDFK ZRXOG JHW PH WR OHDG WKH GHYRWLRQDOV DQG LW NLQG RI GHYHORSHG IURP WKHUH , KDYH EHHQ WKH SDVWRU DW WZR FKXUFKHV LQ :DGOH\ IRU WKH SDVW \HDUV µ


&KULV 3RWWV

'DYLG &RILHOG

)ULGD\ QLJKW OLIH


)ULGD\ QLJKW OLIH


6WHYH *LGGHQV :KDW LV \RXU IDYRULWH IRRWEDOO PRYLH" 5HPHPEHU WKH 7LWDQV

:KR LV \RXU FRDFKLQJ KHUR DQG ZK\" &RDFK %R\G RI +RUVHVKRH %HQG ,W V QRW DERXW KLP ,W V DERXW PDNLQJ WKH NLGV VFKRRO DQG FRPPXQLW\ EHWWHU

:KDW PDGH \RX JHW LQWR FRDFKLQJ IRRWEDOO" %HHQ DURXQG VSRUWV DOO P\ OLIH DQG IHOW OLNH , FRXOG PDNH D GLIIHUHQFH

:KDW LV WKH PRVW LPSRUWDQW WKLQJ IRRWEDOO KDV WDXJKW \RX" 7KH VDPH WKLQJV WKDW PDNH \RX VXFFHVVIXO LQ OLIH PDNH \RX VXFFHVVIXO LQ IRRWEDOO

&RDFK *LGGHQV

,I \RX ZHUH QRW D FRDFK ZKDW ZRXOG \RX EH" $ 0RQGD\ PRUQLQJ TXDUWHUEDFN « $ IDQ WKDW KROOHUV DW FRDFKHV

:KDW LV \RXU IDYRULWH IRRG" 5LJKW QRZ IULHG JUHHQ WRPDWRHV

+RZ GR \RX UHOD[" *ROI

$V D SOD\HU ZKDW LV \RXU PRVW PHPRUDEOH JDPH" %HDWLQJ 'DGHYLOOH 7KH\ ZHUH LQ WKH VWDWH 7KH\ ZHUH NLOOLQJ XV EXW VRPHKRZ ZH VWD\HG LQ WKH JDPH :H ZHQW IRU D ILHOG JRDO VQDSSHG LW RYHU 'DQQ\ +RUQ V KHDG KH JRW LW DQG WKUHZ LW WR PH IRU D 7' SDVV :H ZRQ

7KUHH ZRUGV WR GHVFULEH \RXU WHDP WKLV \HDU« ([SHULHQFHG TXLFN DQG KXQJU\


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·V TXDOLWLHV &RDFK *LGGHQV GH VFULEHG KLV FXUUHQW XQLW DV ´H[SHULHQFHG TXLFN DQG KXQJU\ µ 7KH /LQHYLOOH $JJLHV UHWXUQ D KRVW RI SOD\HUV ZDQWLQJ PRUH WKDQ D UXQ LQ WKH VWDWH ZKLOH QRWLQJ ORVVHV ZKLFK PXVW EH SOD\RIIV WKLV VHDVRQ 3KRWR FRXUWHV\ RI 0LNH 3DWWHUVRQ 3KRWRJUDSK\ DGGUHVVHG IURP D ILQH VHQLRU FODVV 2QH HQFRXUDJLQJ WLGELW LV WKH VWDQGDUG RSHQHU VLQFH ZKLFK UHWXUQ RI VHQLRU WDLOEDFN -RQDWKDQ PHDQV VKDUSQHVV LV RI WKH HVVHQFH *OHQQ ZKRVH MXQLRU VHDVRQ ZDV LQ ZHHN RQH DQG WKH OHGJHU GRHV E\ .HYLQ 0RRQ FXUWDLOHG E\ D NQHH LQMXU\ LQ ZHHN Q·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·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· SUHYLRXV XQLWV DQG QRWFKHG SURILWDEOH )ULGD\ QLJKWV ORFDO VSRUWV FRYHUDJH IRXU VKXWRXWV DORQJ WKH ZD\ &OHEXUQH &RXQW\ KDV EHHQ WKH

6HDVRQ 3UHYLHZ


/LQHYLOOH $JJLHV )RRWEDOO 5RVWHU 180%(5

1$0( '$1,(/ 67$3/(6 &2'< %52:1 '(0(75,86 /,1'6(< -(66( *,''(16 4 7 :$5' /$6+$0,$1 %$77/( 7<521( &26%< /$021<1 %851(< -$0$5,2 /</(6 &857,6 +$5'< 7(/9,1 0&/$,1 .(11(7+ /$&< -21$7+$1 */(11 $//(1 +$0/,1 5$1'$// %52:1 6+$:17$( 0255,621 (0$118(/ +817(5 7(9,1 *22'(1 -$59,6 /</(6 &+5,6 &2:$1 -$621 -25'$1 0$77 :,//,$06 75(921 %(// &2/7(1 /$&< $$521 0,/67($' /8.( *$< '$1,(/ +(15< '$1,(/ %52:1 1,&. 1(: '$1,(/ -2+1621 75,67(1 ,1*5$0 5+(77 %85'(77( 67(9(1 +(15< 6+817$9,286 +$5'< 6&277 .(5/(< '(9$17( +,&.6 0$77+(: %(//

*5$'(


)ULGD\ QLJKW OLIH


&DUWHU FRQWLQXHV SXUVXLQJ 1)/ GUHDPV FDWFKHV IRU \DUGV DQG :KHQ LW FRPHV WR GHWHU WRXFKGRZQV &DUWHU ZDV PLQDWLRQ -RQDWKDQ &DUWHU DQ $OO 6RXWKODQG )RRWEDOO FRXOG EH WKH SRVWHU FKLOG /HDJXH VHOHFWLRQ DIWHU KLV &XUUHQWO\ D IUHH DJHQW LQ MXQLRU VHDVRQ LQ FRP WKH 1DWLRQDO )RRWEDOO SLOLQJ UHFHSWLRQV IRU /HDJXH &DUWHU LV QRW \DUGV DQG HLJKW WRXFK UHDG\ WR KDQJ XS KLV GRZQV DV ZHOO DV WHQ NLFN FOHDWV RII UHWXUQV IRU \DUGV ´,W LV ZKDW , KDYH EHHQ DQG DQRWKHU VFRUH +H GRLQJ P\ ZKROH OLIH µ KH DGGHG VHYHQ FDUULHV IRU VDLG ´, KDYH EHHQ LQ WKH \DUGV JLYLQJ KLP DQ DYHU OHDJXH IRU D ORQJ WLPH DQG DJH RI DOO SXUSRVH HYHQ WKRXJK , DP RQO\ \DUGV SHU JDPH IRU WKH VHD \HDUV ROG WKHUH DUH VRQ +H ZDV GUDIWHG E\ WKH \RXQJHU JX\V FRPLQJ LQ 1HZ <RUN *LDQWV LQ WKH HYHU\ \HDU DQG LW JHWV ILIWK URXQG RI WKH 1)/ WRXJKHU %XW , DP QRW UHDG\ 2Q KLV ILUVW FDUHHU UHFHSWLRQ LQ WKH 1)/ &DUWHU VFRUHG D WRXFKGRZQ GUDIW WR JLYH XS \HW µ ´)RRWEDOO WDXJKW PH WR EH &DUWHU JUDGXDWHG IURP PHQWDOO\ WRXJK DQG SK\VLFDOO\ /LQHYLOOH +LJK 6FKRRO LQ DQG &DUWHU VDLG ´, LPSUHVVHG WKHP LQWHQGHG WR SOD\ IRU WKH 8QLYHU HQRXJK WKDW WKH\ WRRN D FKDQFH RQ WRXJK ,W WDXJKW PH WR EH YHU\ FRP SHWLWLYH µ &DUWHU VDLG ´$QG PDN VLW\ RI $ODEDPD %LUPLQJKDP EXW PH µ LW ZDVQ W LQ WKH FDUGV &DUWHU HQUROOHG DW 752< XQGHU LQJ LW WR WKH 1)/ ZDV D GUHDP FRPH WUXH IRU PH µ ´7KH GD\ , ZHQW WR VLJQ P\ WKH ´3URS µ UXOH DQG VDW RXW D ,Q KLV URRNLH VHDVRQ ZLWK WKH *L VFKRODUVKLS DW 8$% WKH\ WROG PH , \HDU WR IRFXV RQ DFDGHPLFV ZDV RQH FODVV VKRUW DQG WKH\ GLG ´, VWLOO JRW WKH VFKRODUVKLS DQG , DQWV &DUWHU SOD\HG LQ WZR JDPHV Q W KDYH D VFKRODUVKLS IRU PH DQ\ JRW WR ZRUNRXW ZLWK WKH WHDP WKDW DQG UHWXUQHG HLJKW NLFNRIIV IRU \DUGV DQG OHG WKH WHDP ZLWK D PRUH µ KH VDLG ´, FULHG DOO WKH ZD\ ILUVW \HDU µ \DUG DYHUDJH SHU UHWXUQ &DUWHU DOVR KRPH IURP %LUPLQJKDP 7KH\ VFRUHG D WRXFKGRZQ RQ KLV ILUVW FD KDG HYHU\WKLQJ UHDG\ IRU PH P\ UHHU FDWFK D \DUGHU IURP IRUPHU MHUVH\ ZDV LQ WKH ORFNHU URRP DQG )ORULGD TXDUWHUEDFN -HVVLH 3DOPHU , ZDV JRLQJ WR ZHDU IRU WKHP µ ´0\ KHDUW ZDV EHDWLQJ VR IDVW µ :KHQ WKDW GLGQ W KDSSHQ E\ .HOO\ &DOGZHOO KH VDLG ´, UDQ WKH EDOO LQ DQG , GLG &DUWHU GLGQ W TXLW Q W NQRZ KRZ WR FHOHEUDWH <RX FDQ ´, ZDV WDONLQJ WR D IULHQG RI ,Q &DUWHU V ILUVW JDPH DV D 7URMDQ GDQFH LQ WKH 1)/ HQG ]RQH EXW , PLQH DQG KH VXJJHVWHG , JR WR 1)/ VFRXWV ZHUH LQ DWWHQGDQFH QRW GLGQ W NQRZ ZKDW WR GR µ 7UR\ 6WDWH QRZ 7UR\ 8QLYHU &DUWHU KDVQ W SOD\HG LQ D SURIHV WR ORRN DW KLP EXW RQH RI KLV WHDP VLW\ µ KH VDLG VLRQDO IRRWEDOO JDPH LQ D IHZ \HDUV PDWHV 0DUHQR 3KLO\DZ ,Q 752< ZDV D 'LYLVLRQ EXW KH KDVQ W JLYHQ XS ´, UHPHPEHU WKDW &LQFLQQDWL , $$ VFKRRO DQG &DUWHU HQUROOHG ´, DP QRW UHDG\ WR KDQJ XS P\ JDPH DQG 0DUHQR ZDV VR QHUYRXV DQG ZHQW WR WKH ILUVW GD\ RI SUDF KH GURSSHG WZR WRXFKGRZQ SDVVHV FOHDWV µ &DUWHU VDLG ´, DP H[SORU WLFH ZLWK WKH LQWHQWLRQ RI PDNLQJ LQJ P\ RSWLRQV DQG KDYH ZRUNHG DQG , FDXJKW WZR µ KH VDLG ´7KH WKH WHDP VFRXWV ZHUH LPSUHVVHG EXW , ZDVQ W RXW ZLWK D IHZ WHDPV %XW , EHOLHYH ´7KH\ VDLG WKH\ FRXOGQ W JLYH PH D VFKRODUVKLS EHFDXVH WKH\ KDG FRPLQJ RXW IRU WKH GUDIW WKDW \HDU µ WKDW \RX QHYHU JLYH XS ,I \RX ZDQW WR SOD\ \RX JR ZRUN KDUG DQG JR &DUWHU RQO\ SOD\HG WZR \HDUV RI JLYHQ DOO RI WKHP DZD\ EXW WKH\ IRU LW µ FROOHJH IRRWEDOO DQG UHFRUGHG GLG ZDQW WR VHH KRZ JRRG , ZDV µ

:KHUH $UH 7KH\ 1RZ"

)ULGD\ QLJKW OLIH


/LQHYLOOH +LJK 6FKRRO 0DUFKLQJ %DQG

)ULGD\ QLJKW OLIH


&RPSOLPHQWV RI 7HUHVD 6WDFNV ZZZ VWDFNVRISKRWRV FRP

/LQHYLOOH $JJLHV 9DUVLW\ &KHHUOHDGHUV

)ULGD\ QLJKW OLIH


&/$< &2 3$17+(56 DW 5DQGROSK &RXQW\ DW %HXODK DW /HHGV +$1'/(< DW /LQHYLOOH &20(5 % % :$/7(5 :(//%251 DW 0DUEXU\ &(175$/ &226$ 6$.6

+DQGOH\ 7LJHUV DW +HDUG &RXQW\ *$ % % &20(5 %(8/$+ DW &OD\ &RXQW\ DW 6ZHHW :DWHU 0$5%85< DW &HQWUDO &RRVD :$/7(5 :(//%251 DW /HHGV /,1(9,//( )ULGD\ QLJKW OLIH

&OHEXUQH &R 7LJHUV /,1(9,//( DW $QQLVWRQ -$&.6219,//( DW 6W &ODLU &RXQW\ DW &KHURNHH &RXQW\ $/(;$1'5,$ /2&867 )25. DW 6SULQJYLOOH 21(217$ DW 0XQIRUG

:RRGODQG %REFDWV %2:'21 *$ +256(6+2( %(1' DW 5HHOWRZQ 5$1%851( DW :DGOH\ DW /LQHYLOOH /$1(77 /$)$<(77( DW 5DQGROSK &RXQW\ DW :DOWHU :HOOERUQ


5DQGROSK &R 7LJHUV

/LQHYLOOH $JJLHV

&/$< &2817< DW /D)D\HWWH DW +RUVHVKRH %HQG 5((/72:1 DW 7DOODGHJD &R &HQWUDO DW 5DQEXUQH /,1(9,//( DW /DQHWW :22'/$1' :$'/(<

DW &OHEXUQH &RXQW\ 5$1%851( /$)$<(77( DW /DQHWW &/$< &2817< :22'/$1' DW 5DQGROSK &RXQW\ +256(6+2( %(1' DW 5HHOWRZQ DW +DQGOH\

:DGOH\ %XOOGRJV

5DQEXUQH %XOOGRJV

DW +RUVHVKRH %HQG DW 9HUEHQD )$<(77(9,//( DW 7DOODGHJD &R &HQWUDO :22'/$1' 6$,17 -8'( (' ,167 DW :LQWHUERUR /2$&+$32.$ 127$68/*$ DW 5DQGROSK &RXQW\

635,1* *$5'(1 DW /LQHYLOOH /$1(77 DW :RRGODQG DW %HXODK 5$1'2/3+ &2817< DW +RUVHVKRH %HQG 5((/72:1 DW /D)D\HWWH 7$//$'(*$ &2 &(175$/ )ULGD\ QLJKW OLIH


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·V SUHVHDVRQ SROO PDUNHG 0XVFOH 6KRDOV $WKHQV 3OHDVDQW *URYH /RDFKDSRND :DONHU *UHHQYLOOH )RUW 3D\QH +DFNOHEXUJ WKH ILUVW WLPH VLQFH WKDW WKHUH 6KHOE\ &R 6W 3DXO·V 9DOOH\ &HGDU %OXII ZHUH QR XQDQLPRXV 1R VHOHFWLRQV LQ &ODVV $ LQ 2WKHUV UHFHLYLQJ YRWHV :LQWHUERUR *DVWRQ 0F.HQ]LH /\QQ 3DUULVK DQ\ RI WKH VHYHQ FODVVHV +RRYHU DQG &/$66 $ $SSDODFKLDQ *D\OHVYLOOH 3UDWWYLOOH ZHUHQ·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² IRU 5XVVHOOYLOOH DQG IRU 'H &DOHUD - %HQWOH\ 'DLO\ 0RXQWDLQ (DJOH - %RZHQ 'DLO\ 6HQWLQHO - PRSROLV ZLWK ERWK VFKRROV JUDEELQJ 2WKHUV UHFHLYLQJ YRWHV )D\HWWH &R 0LGILHOG 6PLWK 'HPRSROLV 7LPHV ' 0XQGHH 'RWKDQ (DJOH / 3HDFRFN ILUVW SODFH YRWHV $QGDOXVLD 'DGHYLOOH &OH (YHUJUHHQ &RXUDQW 1 3HWHUV )ORUDOD 1HZV * 'HZDOW )ORUHQFH EXUQH &R : 6 1HDO %URRNV 7LPHV'DLO\ / *LOOLODQG )RUW 3D\QH 7LPHV -RXUQDO 6 %HDUG ,Q &ODVV $ DQG $ WKH UXQQHU XS &ODVV $ LQ )UDQNOLQ &RXQW\ 7LPHV ' 9LFWRU\ )UHHODQFH %LUPLQJKDP % IURP WKH VWDWH WLWOH JDPHV RSHQ VHFRQG -RKQVRQ )UHHODQFH 'HFDWXU & 0F&DUWK\ *DGVGHQ 0HVVHQJHU LQ WKH SROO ZLWK -DFNVRQ EHKLQG 806 &/$66 $ . &UDIW *DGVGHQ 7LPHV 7 7KRPSVRQ +DUWVHOOH (QTXLUHU 0 /HHGV (DVWHUOLQJ +XQWVYLOOH 7LPHV - %HDQ 0RELOH 3UHVV 5HJLVWHU 6 :ULJKW LQ &ODVV $ SROO GHIHQGLQJ &RUGRYD /RQJ 0RQWJRPHU\ $GYHUWLVHU : /\OH 0RQWJRPHU\ $GYHUWLVHU FKDPS &KHURNHH &RXQW\ RSHQV VL[WK 7 5 0LOOHU - 'HDO 0RXOWRQ $GYHUWLVHU 5 &DUWHU 1RUWK -HIIHUVRQ 1HZV ' DQG &RUGRYD EHKLQG /HHGV LQ WKH SROO 3LHGPRQW 0RUULVRQ 2SHOLND $XEXUQ 1HZV 6 $OOHQ 6DQG 0RXQWDLQ 5H DQG 3LHGPRQW LQ WKH WLWOH JDPH +DPLOWRQ SRUWHU + %DJJHWW 7DOODGHJD 'DLO\ +RPH $ 6XWWOHV 7XVFDORRVD &OD\ &R 1HZV * 3ULWFKDUG :HWXPSND +HUDOG ,Q DGGLWLRQ WR 5HHOWRZQ RSHQLQJ

,I D WHDP ZDV D VWDWH FKDP SLRQ RGGV DUH SUHWW\ JRRG WKDW WKH\ DUHQ·W IDYRUHG WR UHSHDW LQ ² DW OHDVW LI WKH $ODEDPD 6SRUWV :ULWHUV $VVRFLDWLRQ·V SUHVHDVRQ IRRWEDOO SROO KROGV WUXH DW WKH HQG RI WKH \HDU 2QO\ WZR RI WKH VL[ $ODEDPD +LJK 6FKRRO $WKOHWLF $VVRFLDWLRQ·V UHLJQLQJ FKDPSLRQV ² &ODVV $ +RRYHU DQG &ODVV $ 5HHOWRZQ ² ZHUH SLFNHG E\ WKH SDQHO RI SUHS ZULWHUV WR UHSHDW LQ WKH SROO UHOHDVHG WRGD\

3UHVHDVRQ 3ROO

WKH ZD\ LW ILQLVKHG LQ &ODVV $ 6ZHHW :DWHU RSHQV DV WKH WRS WHDP LQ WKH &ODVV $ SUHVHDVRQ SROO IRU WKH IRXUWK VWUDLJKW \HDU DQG ILIWK WLPH LQ VL[ VHD VRQV $+6$$ FRPSHWLWLRQ EHJLQV WKH ZHHNHQG RI $XJ


&KDG <RXQJ :KDW LV \RXU IDYRULWH LQVSLUDWLRQDO PRWLYDWLRQDO TXRWH" , FDQ GR DOO WKLQJV WKURXJK &KULVW ZKR VWUHQJWK HQV PH

:KDW LV \RXU IDYRU LWH IRRWEDOO PRYLH" 2ULJLQDO /RQJHVW <DUG

:KR LV \RXU FRDFKLQJ KHUR DQG ZK\" 0\ GDG FRDFKLQJ PH LQ UHFUHDWLRQ EDOO DQG LQ OLIH

:KDW PDGH \RX JHW LQWR FRDFKLQJ IRRWEDOO"

&RDFK <RXQJ

7R EH D SRVLWLYH LQIOXHQFH RQ \RXQJ SHRSOH

:KDW LV WKH PRVW LPSRUWDQW WKLQJ IRRWEDOO KDV WDXJKW \RX" :KHQ \RX JHW NQRFNHG GRZQ \RX JHW ULJKW EDFN XS

,I \RX ZHUH QRW D FRDFK ZKDW ZRXOG \RX EH" 6RPH W\SH RI VDOHVPDQ

:KDW LV \RXU IDYRULWH IRRG" 6WHDN DQG SRWDWRHV

+RZ GR \RX UHOD[" 6SHQG WLPH ZLWK P\ IDPLO\

$V D SOD\HU ZKDW LV \RXU PRVW PHPRUDEOH JDPH" :DWHU %RZO DJDLQVW :RRGODQG LQ P\ VHQ LRU \HDU

7KUHH ZRUGV WR GHVFULEH \RXU WHDP WKLV \HDU« +DUG ZRUNLQJ FRDFKDEOH DQG VPDUW


%XOOGRJV ORRN IRU VXFFHVV LQ WRXJK UHJLRQ 5$1%851( 7KH 5DQEXUQH %XOOGRJV SOD\ LQ RQH RI WKH PRVW FRPSHWLWLYH UHJLRQV LQ WKH 6WDWH RI $ODEDPD EXW WKLV \HDU WKH UH VXOWV IRU WKH %XOOGRJV FRXOG EH GLIIHUHQW WKDQ WKH SDVW IHZ \HDUV &RDFK &KDG <RXQJ KRSHV KLV WHDP FDQ LPSURYH RQ D UH FRUG IURP ODVW \HDU ´:H ZHUH LQ VR PDQ\ JDPHV XS XQWLO WKH IRXUWK TXDUWHU ODVW \HDU DQG HYHQ ORVW D FRXSOH LQ RYHUWLPH µ VDLG <RXQJ ´7KLV \HDU ZH KDYH JRW WR SXW WRJHWKHU IRXU IXOO TXDUWHUV DQG RXU WHDP LV UHDG\ WR JHW EDFN RQ WKH ZLQ QLQJ WUDFN µ 7KH %XOOGRJV ZLOO OLQH XS LQ D PXOWLSOH VHW ZLWK D :LQJ 7 DV WKH EDVH /HDGLQJ WKH RIIHQVH ZLOO EH MXQLRU 'DYLG 'DNH ´+H FDQ UXQ DQG KH FDQ WKURZ µ VDLG <RXQJ ´+H LV D 7LP 7HERZ VW\OH TXDUWHUEDFN +H FDQ UXQ DQG KH FDQ WKURZ«ZKDWHYHU KH QHHGV WR GR µ 6WDUWLQJ DW WDLOEDFN ZLOO EH IRXUWK \HDU VWDUWHU 6HWK +RUQVE\ ´+H LV D ELJ JX\ EXW KH LV IDVW +H ZLOO EH RXU ZRUN KRUVH DJDLQ WKLV \HDU µ <RXQJ VDLG 2Q WKH RIIHQVLYH OLQH ZLOO EH UHWXUQLQJ VWDUWHUV &KDVH 6DQGHUV 0DVRQ /HGEHWWHU DQG %UDQGRQ *LOOLDP $W WLJKW HQG ZLOO EH UH WXUQLQJ VWDUWHU -HUHP\ :DUG 3OD\LQJ WDLOEDFN ZLWK +RUQVE\ ZLOO EH VRSKRPRUH &OD\WRQ <RXQJ 7D\ORU 6PLWK ZLOO EH DW UXQQLQJ EDFN DQG $OODQ 0LOOHU DQG &ROE\ .HOO\ ZLOO EH WKH ZLGH UHFHLYHUV -DUHG (GZDUGV ZLOO EH WKH EDFNXS TXDUWHUEDFN DQG SOD\ ZLGH UHFHLYHU 7KH %XOOGRJV ZLOO UXQ D GH IHQVH ZLWK +RUQVE\ DW OLQHEDFNHU EHLQJ WKH IRXQGDWLRQ 'DNRWD )ULGD\ QLJKW OLIH

7KH 5DQEXUQH %XOOGRJV ZLOO EH OHG E\ 'DYLG 'DNH DW TXDUWHUEDFN ZKR &RDFK <RXQJ FRPSDUHV WR 7LP 7HERZ LQ VW\OH 3KRWR E\ -HII 1DSLHU +DPPRQG -HVVH %URZQ DQG '\ ODQ +DUYH\ ZLOO EH WKH NH\V WR VWRSSLQJ WKH RSSRVLQJ RIIHQVH 2Q WKH OLQH LV UHWXUQLQJ VWDUWHU %ULDQ 7RROH 'HHS LQ WKH GHIHQVH ZLOO EH 7KRPDV 3UDWHU DW VDIHW\ %UDG\ :KLWWOH DW OLQHEDFNHU DQG -DUHG (GZDUGV DW GHIHQVLYH EDFN 2Q VSHFLDO WHDPV &RDFK <RXQJ VDLG WKRVH VSRWV DUH XS IRU JUDEV ULJKW QRZ

6HDVRQ 3UHYLHZ E\ 0LNH 0F&RUPLFN *RDOV IRU " ´:H ZDQW WR KDYH D ZLQQLQJ VHDVRQ DQG JHW EDFN LQ WKH SOD\RIIV µ <RXQJ VDLG ´:H KDYH PLVVHG WKH SOD\ RIIV RQO\ IRXU WLPHV LQ \HDUV µ 5DQEXUQH SOD\V LQ &ODVV $ 5HJLRQ «:KDW KDV EHHQ UHFRJ QL]HG DV RQH RI WKH WRXJKHVW UH JLRQV LQ WKH VWDWH :LWK 5DQ EXUQH \RX ILQG 7DOODGHJD &HQ

WUDO :RRGODQG 5DQGROSK &RXQW\ /DQHWW /DID\HWWH +RUVHVKRH %HQG /LQHYLOOH DQG 5HHOWRZQ $V IDU DV IDYRULWHV <RXQJ VDLG \RX FDQ QHYHU FRXQW RXW /LQHYLOOH DQG :RRGODQG ´%XW WKHQ WKHUH LV ODVW \HDU·V $ VWDWH FKDPSLRQ 5HHOWRZQ MRLQLQJ XV WKLV \HDU µ KH VDLG ´7KLV LV QR VORSS\ UHJLRQ DQG ZH ZLOO KDYH WR SOD\ RXU EHVW WR KDYH VXFFHVV µ &RDFK <RXQJ LV LQ KLV WK VHD VRQ DV KHDG FRDFK RI WKH %XOO GRJV +H LV D JUDGXDWH RI 5DQ EXUQH +LJK 6FKRRO DQG WKH 8QL YHUVLW\ RI $ODEDPD +H GLG DGGL WLRQDO JUDGXDWH VWXGLHV DW -DFN VRQYLOOH 6WDWH DQG :HVW *HRUJLD +H KDV FRDFKHG DW &OHEXUQH &RXQW\ +LJK 6FKRRO DQG 5DQ EXUQH +LJK 6FKRRO 7KH 5DQEXUQH %XOOGRJV ZLOO RSHQ WKH VHDVRQ ZLWK 6SULQJ *DU GHQ


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

)ULGD\ QLJKW OLIH


/HJDF\ UHPDLQV VWURQJ IRU 5DQEXUQH·V 5RELQVRQ %HDU %U\DQW GRHV , P QRW JR 0RVW FRDFKHV GUHDP RI UH LQJ WR GR LW µ WXUQLQJ KRPH WR ZDON WKH 7KDW SKLORVRSK\ ZRUNHG IRU VDPH VLGHOLQHV FDOOLQJ SOD\V 5RELQVRQ EHFDXVH WKH 5DEXUQH WKH\ RQFH ZDONHG DV D SOD\HU MRE ZDV KLV ILUVW DQG ODVW MRE DV &RDFK 3DXO ´%HDUµ %U\DQW VDLG D KHDG IRRWEDOO FRDFK +H ´0DPD FDOOHG DQG ZKHQ JXLGHG WKH %XOOGRJV WKURXJK 0DPD FDOOV WKHQ \RX MXVW KDYH VHDVRQV DQG D UHFRUG RI WR FRPH UXQQLQJ ZKHQ OHDY LQFOXGLQJ D VWDWH FKDP LQJ 7H[DV $ 0 IRU WKH 8QL SLRQVKLS LQ +H KXQJ XS YHUVLW\ RI $ODEDPD KLV ZKLVWOH DIWHU WKH VHD +DUOHQ 5RELQVRQ PLJKW QRW VRQ KDYH VDLG LW EXW WKH VDPH VHQ ´, GLGQ W UHDOO\ NQRZ WKDW P\ WLPHQW DSSOLHG IRU KLP EDFN LQ ODVW JDPH ZDV DFWXDOO\ JRLQJ WR EH P\ ODVW JDPH µ 5RELQVRQ )UHVK RXW RI WKH /LYLQJVWRQ VDLG ´, ZDVQ W SODQQLQJ RQ 8QLYHUVLW\ QRZ NQRZQ DV UHWLULQJ DW WKH WLPH EXW ZKHQ 8QLYHUVLW\ RI :HVW $ODEDPD WKH HQG RI WKH \HDU FDPH , GH 5RELQVRQ UHWXUQHG KRPH DV FLGHG LW ZDV D JRRG WLPH WR WKH KHDG FRDFK RI WKH 5DQ VWRS µ EXUQH %XOOGRJV IRRWEDOO WHDP 5RELQVRQ ZDV KRQRUHG WKH IRO D SURJUDP KH JUDGXDWHG IURP ORZLQJ \HDU DV DQ LQGXFWHH DV D SOD\HU MXVW IRXU \HDUV HDU LQWR WKH $ODEDPD +LJK 6FKRRO OLHU +DUOHQ 5RELQVRQ FRDFKHG DW 5DQEXUQH +LJK $WKOHWLF $VVRFLDWLRQ V +DOO RI ´,W LV GLIIHUHQW LQ WKH IDFW 6FKRRO IRU \HDUV EHIRUH UHWLULQJ LQ +H )DPH WKDW \RX NQRZ HYHU\RQH µ KH ZDV LQGXFWHG LQWR WKH $ODEDPD +LJK 6FKRRO &RDFK VWLOO PDNHV LW WR D FRX VDLG ´$QG LW ZDV GLIILFXOW LQ 6SRUWV +DOO RI )DPH D \HDU ODWHU SOH RI JDPHV D \HDU GHSHQGLQJ WKDW \RX KDG JRRG IULHQGV RQ WKH ZHDWKHU DQG LWV OLNH D ZKRVH FKLOGUHQ ZHUH SOD\LQJ WKDW RXJKW WR EH LQ MDLO %XW WKDW V KRPHFRPLQJ RI VRUWV HDFK WLPH KH IRU \RX PDNHV LW WR WKH ILHOG QDPHG LQ KLV ´,I , ZRXOG KDYH EHHQ DW RWKHU ZKDW HYHU\RQH ZDV GRLQJ DW WKH KRQRU WLPH DQG \RX FRXOGQ W VD\ LW ZDV SODFHV , ZRXOG KDYH SUREDEO\ ´,W LV D JHW WRJHWKHU EHFDXVH GRQH WKLQJV GLIIHUHQWO\ , GLG D ORW ZURQJ EHFDXVH HYHU\RQH ZDV GR WKHUH DUH DOZD\V D GR]HQ RU VR IRU LQJ LW µ RI WKLQJV P\VHOI DW 5DQEXUQH EH PHU SOD\HUV DURXQG WKDW ZDQW WR FDXVH , GLGQ W ZDQW SHRSOH WKLQN VD\ KHOOR DQG FDWFK XS µ KH VDLG LQJ WKDW , RZHG WKHP VRPHWKLQJ µ 7KURXJK WKH \HDUV 5RELQVRQ /RRNLQJ EDFN WKHUH ZHUH WKLQJV FRDFKHG VHYHUDO ILUVW DQG VHFRQG 5RELQVRQ ZRXOG KDYH FKDQJHG JHQHUDWLRQ SOD\HUV DQG FRXOG KDYH EXW DW WKH WLPH KH WKRXJKW KH ZDV E\ .HOO\ &DOGZHOO KDG D WKLUG JHQHUDWLRQ EHIRUH KH GRLQJ ZKDW ZDV EHVW HQGHG KLV FDUHHU ´:KHQ , SOD\HG DQG IRU WKH ´, QHYHU UHDOO\ JRW WR ILJXULQJ +RZHYHU 5RELQVRQ FKDQJHG QH[W QXPEHU RI \HDUV WKH %HDU RQ WKDW EXW , NQRZ WKDW WKH PDWK KLV PHQWDOLW\ DIWHU D IHZ \HDUV %U\DQW 3KLORVRSK\ NLQG RI GLF ZRXOG KDYH EHHQ FORVH DIWHU ´:H GLG WKDW IRU D FRXSOH RI WDWHG WKLQJV µ KH VDLG ´:H FRXOG \HDUV DQG WKHQ , KDG D SOD\HU JHW \HDUV µ KH VDLG ´, ZLOO VD\ ZH Q W GR LW DOO EHFDXVH ZH FRXOGQ W ZHQW WKURXJK D VSHOO WKHUH LQ WKH KXUW RQH WLPH µ KH VDLG ´7KDW V NHHS WKH NLGV SOD\LQJ ´%HDU %U\DQW KDG VRPH VWULFWO\ ZKHQ , UHDOL]HG WKDW VW\OH ZDV QRW V WKDW DOO WKH SOD\HUV , FRDFKHG RXWODZV FRDFKLQJ IRU KLP , DP QRW KHOSLQJ XV GR ZKDW ZH QHHGHG WR LQ WKH V DQG V ZHUH UDLV H[DJJHUDWLQJ +H KDG VRPH SHRSOH GR $QG , VDLG , GLGQ W FDUH ZKDW LQJ WKHLU FKLOGUHQ DQG \RX NQRZ

:KHUH $UH 7KH\ 1RZ"

)ULGD\ QLJKW OLIH


5DQEXUQH %XOOGRJV 9DUVLW\ &KHHUOHDGHUV ZH KDG VRPH SUHWW\ JRRG SOD\HUV EDFN LQ WKRVH GD\V DQG GDQJ LW LI WKH\ GLGQ W DOO KDYH JLUOV µ :KLOH 5RELQVRQ V OHJDF\ ZLOO EH SHUPDQHQWO\ DVVRFLDWHG ZLWK 5DQEXUQH IRRWEDOO KH FRQWLQXHV WR EH KXPEOH DERXW KLV FDUHHU DQG WKH ODVWLQJ LPSUHVVLRQ KH

PDGH RQ WKH KXQGUHGV RI SOD\HUV KH FRDFKHG RYHU WKH \HDUV ´3HRSOH DUH JRLQJ WR UHPHP EHU \RX WKH ZD\ WKH\ ZDQW WR EXW WKH PRVW LPSRUWDQW WKLQJ WR PH LV WKDW , WUHDWHG HYHU\RQH IDLUO\ ´:KDW \RX WU\ WR WHDFK \RXU SOD\HUV LV YHU\ VPDOO µ 5RELQVRQ

VDLG ´,I \RX DUH D JRRG SHUVRQ DQG WUHDW \RXU NLGV ULJKW \RX ZLOO EH SRSXODU EHFDXVH \RXU NLGV UH VSHFW \RX µ 1RZ 5RELQVRQ VSHQGV KLV WLPH RQ /DNH :HGRZHH EXW ZLOO VWLOO VLW GRZQ DQG WDON IRRWEDOO WR WKRVH WKDW DUH LQWHUHVWHG

)ULGD\ QLJKW OLIH


5DQEXUQH +LJK 6FKRRO 0DUFKLQJ %DQG

3UR *DV

)ULGD\ QLJKW OLIH


5DQG\ 6SDUNV :KDW LV \RXU IDYRULWH PRWLYDWLRQDO RU LQVSLUDWLRQDO TXRWH" 7R EH D FKDPSLRQ \RX PXVW ORRN OLNH D FKDPSLRQ DFW OLNH D FKDPSLRQ DQG ZRUN OLNH D FKDPSLRQ

:KDW LV \RXU IDYRULWH IRRWEDOO PRYLH" )DFLQJ WKH *LDQWV

:KR LV \RXU FRDFKLQJ KHUR DQG ZK\" *HUDOG 'LDO +H PDGH \RX GR LW ULJKW DQG KH H[ SHFWHG \RX WR EH DQG GR \RXU EHVW RQ DQG RII WKH ILHOG

:KDW PDGH \RX JHW LQWR FRDFKLQJ IRRWEDOO" 0\ IDWKHU +H ZDV D SOD\HU DQG WDXJKW PH WR ORYH LW DQG SOD\ LW $OVR FRDFKHV -DFN 6WHZDUW -RKQQ\ ,QJUDP DQG *HUDOG 'LDO $OO IRUPHU FRDFKHV RI PLQH

:KDW LV WKH PRVW LPSRUWDQW WKLQJ IRRWEDOO KDV WDXJKW \RX"

&RDFK 6SDUNV

7KH LPSDFW WKH VSRUW FDQ KDYH RQ \RXQJ PHQ

,I \RX ZHUH QRW D FRDFK ZKDW ZRXOG \RX EH" $Q RZQHU RI D ODZQ VHUYLFH EHFDXVH , ORYH WR FXW JUDVV

:KDW LV \RXU IDYRULWH IRRG" &KLFNHQ DQG VTXDVK

+RZ GR \RX UHOD[" 2XW LQ P\ ERDW RQ WKH ZDWHU ULGLQJ RU ILVKLQJ

$V D SOD\HU ZKDW LV \RXU PRVW PHPRUDEOH JDPH" 'HIHDWLQJ &OD\ &RXQW\ LQ P\ ILQDO \HDU DW /LQHYLOOH

7KUHH ZRUGV WR GHVFULEH \RXU WHDP WKLV \HDU« ,QH[SHULHQFHG KXQJU\ DQG SRWHQWLDO


5DQGROSK &RXQW\ ZLOO EH WHVWHG HDUO\ DQG RIWHQ WKLV VHDVRQ ZLWK D WRXJK UHJLRQ VFKHGXOH 3KRWR E\ -HII 1DSLHU

1HZ FRDFK WDNHV WKH UHLJQV IRU 7LJHUV :('2:(( 7KH 5DQGROSK &RXQW\ 7LJHUV ZLOO KDYH D QHZ PDQ DW WKH KHOP RI WKH IRRWEDOO SURJUDP DQG SOD\HUV DQG IDQV DUH KRSLQJ KH EULQJV WKH VXFFHVV WR :HGRZHH WKDW KH KDG LQ :DGOH\ 5DQG\ 6SDUNV DIWHU D YHU\ VXFFHVVIXO FDUHHU DW :DGOH\ +LJK 6FKRRO ZDV QDPHG WKH 7LJHU KHDG FRDFK MXVW GD\V EH IRUH VSULQJ SUDFWLFH RSHQHG ´, KDYH RQO\ KDG QLQH SUDFWLFHV ZLWK WKHVH JX\V VR , FDQ·W WHOO \RX D ZKROH ORW DERXW ZKR ZLOO EH ZKHUH , DP ORRNLQJ IRUZDUG WR IDOO SUDFWLFH

)ULGD\ QLJKW OLIH

VR , FDQ SODFH VRPH SOD\HUV LQ VHW SRVLWLRQV µ $IWHU D VHDVRQ ODVW \HDU 6SDUNV VDLG KH ZDQWHG KLV WHDP WR ´OHDUQ WR FRPSHWH HYHU\ GD\ µ

6HDVRQ 3UHYLHZ E\ 0LNH 0F&RUPLFN 5DQGROSK &RXQW\ ZLOO UXQ D VSUHDG RIIHQVH ZLWK VHQLRU IRXU \HDU VWDUWHU 'UHZ %HQHILHOG DW TXDU WHUEDFN ´$V IDU DV WKH RWKHU NH\

RIIHQVLYH SRVLWLRQV WKH\ DUH DOO XS LQ WKH DLU , KRSH WR PDNH D GHFLVLRQ RQ ZKR SOD\V ZKHUH DERXW GD\V LQWR IDOO SUDFWLFH µ 6SDUNV VDLG KH ZRXOG GR D ORW RI ZKDW KH KDG VXF FHVV ZLWK DW :DGOH\ EXW WKH SHUVRQ QHO ZRXOG GLFWDWH WKDW 2Q GHIHQVH WKH 7LJHUV ZLOO EDVH RXW RI D IRUPDWWHG IURQW ´, ZDVQ·W UHDOO\ DEOH WR VHSDUDWH DQ\ IURP WKH UHVW RI WKH SDFN µ 2Q VSHFLDO WHDPV $XVWLQ 0F*LQQLV ZLOO KDQGOH WKH SODFH NLFNLQJ GXWLHV DQG PD\ DOVR EH WKH SXQWHU 5DQGROSK &RXQW\


SOD\V LQ &ODVV $ 5HJLRQ «:KDW KDV EHHQ UHFRJQL]HG DV RQH RI WKH WRXJKHVW UHJLRQV LQ WKH VWDWH :LWK 5DQGROSK &RXQW\ \RX ILQG 7DOODGHJD &HQWUDO :RRG ODQG 5DQEXUQH /DQHWW /DID\HWWH +RUVHVKRH %HQG /LQHYLOOH DQG 5HHOWRZQ $V IDU DV IDYRULWHV 6SDUNV VDLG \RX FDQ QHYHU FRXQW RXW /LQHYLOOH DQG :RRGODQG DQG ZDWFK RXW IRU +RUVHVKRH %HQG ´7KHQ WKHUH LV ODVW \HDU·V $ VWDWH FKDPSLRQ 5HHOWRZQ MRLQLQJ XV WKLV \HDU 7KLV LV QR VORSS\ UHJLRQ DQG ZH ZLOO KDYH WR SOD\ RXU EHVW WR KDYH VXFFHVV µ 6SDUNV LV D JUDGXDWH RI /LQHYLOOH +LJK 6FKRRO DQG -DFNVRQYLOOH 6WDWH 8QLYHUVLW\ +H KDV FRDFKHG DW :KLWH 3ODLQV 0DSOHVYLOOH :DGOH\ DQG 5DQGROSK &RXQW\

5DQGROSK &RXQW\ 7LJHUV )RRWEDOO 1XPEHU

1DPH

*UDGH

7(9,1 :+,7( %,// 0,$0(1 &257$9,286 &+,/'6 -81,25 7851(5 $867,1 0&*,11,6 %5$'< 3+,//,36 7< 63$5.6 '5(: %(1(),(/' %5$' %(1(),(/' /$1&( '$1,(/ &2/721 /299251 526+81 3<$17 '217$( %$55(77 &+5,6 :5,*+7 :,//,6 .1,*+7 7</(5 +2%%6 '$9,' '(-(686 3$75,&. -2+1621 '(21 %$55(77 5,&2 1(/621 $$521 52%(57621 &2'< '(/21* *(25*( 0225( 7,027+< 1(/621 1$7( %2<' 7</(5 /299251 -(66( 3$5.(5 7<'( 0225( -$0(< :$5( .</( 6,.(6 / & +2:$5' 5<$1 +2%%6 '$1,(/ '(-(686 -867,1 1,&+2/621 %5$1'21 1,&+2/621 '$1,(/ 027( ,66$& 7+$&.6721 .(,7+ &/$5. 7</(5 -2+1621 &2/721 $0%(5* 0(/9,1 6,06 1$7+$1 5<'(5 '217( %(// .</$1 6,06 7$11(5 &5266


5DQGROSK &RXQW\ 7LJHUV 0DUFKLQJ %DQG

)ULGD\ QLJKW OLIH


)ULGD\ QLJKW OLIH


5DQGROSK &RXQW\ 9DUVLW\ &KHHUOHDGHUV

)ULGD\ QLJKW OLIH


)ULGD\ QLJKW OLIH


/HVVRQV OHDUQHG DV D TXDUWHUEDFN KHOS /HH LQ FRXUWURRP D URZ 5&+6 KDG &KDG /HH QRW EHDWHQ +DQGOH\ ZLOO EH WKH ILUVW VLQFH EXW ZH WR WHOO \RX WKDW KDG JRWWHQ FORVH D KH ZDVQ W WKH FRXSOH RI WLPHV µ EHVW IRRWEDOO 7KDW QLJKW KRZ SOD\HU RU WKH HYHU WKH WLGH WXUQHG IDVWHVW RU WKH IRU WKH %OXH DQG ELJJHVW %XW LQ *ROG 7LJHUV RI :H KLV YHU\ QH[W GRZHH EUHDWK KH ZLOO ´0\ VHQLRU \HDU ZH WHOO \RX WKDW KH ZHUH DEOH WR SXOO ZRUNHG KDUG WR RXW WKH ZLQ RQ D PDNH XS IRU KLV -RQDWKDQ +HDUG VKRUWFRPLQJV LQ ILHOG JRDO LQ RYHU QDWXUDO DELOLW\ WLPH ´, VWDUWHG ´,W ZDV UDLQLQJ SUR SOD\LQJ IRRWEDOO $V D VHQLRU /HH OHG WKH 5DQGROSK &RXQW\ 7LJHUV WR D UHFRUG ZKLFK LQ YHUELDO FDWV DQG ZKHQ , ZDV LQ FOXGHG D \HDU ORVLQJ VWUHDN WR FURVV FRXQW\ ULYDO +DQGOH\ GRJV WKDW QLJKW µ KH VHFRQG JUDGH µ VDLG ´5HJXODWLRQ KH VDLG ´, KDYH KDG HQGHG DQG ZH ZHUH WLHG µ DOZD\V ORYHG WKH JDPH EXW HYHQ DW OHG WKH 5&+6 7LJHUV WR LWV ILUVW 7KH 5&+6 7LJHUV EHVWHG LWV D \RXQJ DJH , NQHZ , KDG WR ZRUN VWDWH WLWOH LQ KRZHYHU /HH GLG DFFRPSOLVK RQH WKLQJ WKDW 3UH FRXQW\ ULYDO WKDW QLJKW EXW /HH V KDUG WR HDUQ WKH FKDQFH WR SOD\ µ KHDG FRDFK FRQWLQXHG WR XVH WKH 3DWLHQFH DQG KDUG ZRUN SURYHG VWULGJH GLG QRW JDPH DV DQ RSSRUWXQLW\ WR FRDFK WR EH WKH ULJKW FRPELQDWLRQ IRU /HH ´:H KDG WKH EDOO ZLWK OLNH ZKHQ KH HDUQHG WKH VWDUWLQJ TXDU VHFRQGV OHIW DQG ZH UDQ D WKLUG WHUEDFN SRVLWLRQ IRU KLV VHQLRU VHD GRZQ SOD\ WR WKH \DUG OLQH DQG VRQ DW 5DQGROSK &RXQW\ +LJK WKHQ WLPH UDQ RXW µ /HH VDLG 6FKRRO E\ .HOO\ &DOGZHOO ´&RDFK :DWWHUV ORQJ WLPH 5&+6 ´, GLGQ W VWDUW XQWLO , ZDV D VHQ FRDFK VFROGHG PH IRU QRW JHWWLQJ LRU µ /HH VDLG ´, SOD\HG EHKLQG 3DW ´7KH PRVW PHPRUDEOH JDPH EDFN RQ WKH OLQH LQ WLPH WR UXQ DQ 3UHVWULGJH XQWLO WKHQ +H ZDV IURP P\ VHQLRU VHDVRQ ZDV WKH RWKHU SOD\ $QG HYHQ WKRXJK ZH PXFK EHWWHU WKDQ , ZDV DQG D \HDU +DQGOH\ JDPH µ /HH VDLG ´:H KDG ZRQ WKH JDPH KH ZDV VWLOO FRDFKLQJ ROGHU µ ORVW WR +DQGOH\ IRU VHYHUDO \HDUV LQ PH RQ ZKDW , VKRXOG KDYH GRQH DQG 3UHVWULGJH DV KHDG FRDFK ODWHU

:KHUH $UH 7KH\ 1RZ"

)ULGD\ QLJKW OLIH


KRZ , FRXOG LPSURYH µ /HH OHG WKH 7LJHUV WR D UHFRUG ZKLFK LQFOXGHG D ILUVW URXQG SOD\RII DSSHDUDQFH ´7KDW ZLQ RYHU +DQGOH\ ZDV JUHDW µ KH VDLG ´1RZ VLQFH WKH WZR WHDPV GRQ W SOD\ PXFK DQ\ PRUH SHRSOH GRQ W UHDOL]H KRZ LQWHQVH WKH ULYDOU\ RQFH ZDV µ 7KH OHVVRQV /HH WRRN IURP IRRWEDOO KH FRQWLQXHV WR XVH LQ KLV GDLO\ OLIH DV DQ DWWRUQH\ LQ :HGRZHH D SUDFWLFH ZKLFK KH VWDUWHG LQ ´, OHDUQHG WKDW VXFFHVV DQG UHVXOWV PD\ QRW FRPH LPPHGLDWHO\ EXW LI \RX SHUVHYHUH DQG GRQ W JLYH XS WKDW \RX FDQ DFKLHYH \RXU JRDOV µ KH VDLG ´, KDG YHU\ OLWWOH SK\VLFDO DELOLW\ , ZDV VORZ OLWWOH DQG ZHDN %XW IRRWEDOO PHDQW VRPHWKLQJ WR PH DQG , ZRUNHG DW LW ´1RW HYHU\RQH LV D VXSHUVWDU EXW LI \RX DSSO\ \RXUVHOI OLVWHQ WR \RXU FRDFKHV DQG ZRUN KDUG WKHUH LV D FKDQFH \RX ZLOO EH RQ WKH ILHOG RQ )ULGD\ QLJKWV $QG WKDW WUDQVODWHV LQWR OLIH WRR /HH FRQWLQXHV KLV ORYH IRU WKH JDPH WR WKLV GD\ ZDWFKLQJ FROOHJH IRRWEDOO RQ 7KXUVGD\ QLJKWV DW WHQGLQJ 7LJHUV JDPHV RQ )ULGD\V DQG WKHQ WUDYHOLQJ WR 7XVFDORRVD RQ 6DWXUGD\V WR ZDWFK WKH &ULPVRQ 7LGH

´, VWLOO ORYH WKH JDPH HYHQ WKRXJK QRZ , OLYH YL FDULRXVO\ WKURXJK WKH 8QLYHUVLW\ RI $ODEDPD SOD\ HUV µ /HH VDLG ´0\ ZLIH ZRXOG VD\ WKDW LW PHDQV WRR PXFK WR PH EXW LW·V KRZ , UHOD[ ´%XW LI , FRXOG JLYH WKH SOD\HUV WRGD\ DQ\ DGYLFH LW ZRXOG EH WKH VDPH WKLQJ &RDFK :DWWHUV XVHG WR WHOO XV (QMR\ LW ZKLOH LW ODVWV -HUU\ +XGGOHVWRQ DQG , WDON WR WKLV GD\ DERXW KRZ PXFK ZH ZRXOG ORYH WR SOD\ MXVW RQH PRUH JDPH µ /HH VDLG ´, ZRXOG GHILQLWHO\ WHOO WKHP WR HQMR\ LW EHFDXVH SOD\LQJ VSRUWV ZRQ W DOZD\V EH WKHUH µ

)ULGD\ QLJKW OLIH


)ULGD\ QLJKW OLIH


-DPLH $EUDPV :KDW LV \RXU IDYRULWH H[SUHVVLRQ TXRWH" 'R LW ULJKW 'R LW OLJKW 'R LW ZURQJ GR LW ORQJ

:KDW LV \RXU IDYRULWH IRRWEDOO PRYLH" 5HPHPEHU WKH 7LWDQV

:KR LV \RXU FRDFKLQJ KHUR DQG ZK\" , KDG DQ DVVLVWDQW FRDFK LQ KLJK VFKRRO WKDW WRRN D UHDO LQWHUHVW LQ PH -RKQQ\ )OHPPLQJ PDGH PH IHHO WKDW KH KDG D VSHFLDO LQWHU HVW LQ PH

:KDW PDGH \RX JHW LQWR FRDFKLQJ IRRW EDOO" , FDPH IURP D VPDOOHU VFKRRO DQG ZHQW RQWR SOD\ FROOHJH IRRWEDOO , GLGQ W KDYH WKH RSSRUWXQLWLHV SUHVHQWHG WR PH DQG , VDZ WKH LPSRU WDQFH RI KDYLQJ D JUHDW KHDG &RDFK $EUDPV FRDFK WKDW WRRN LQWHUHVW LQ KLV SOD\HUV , ZDQWHG WR EH DEOH WR JLYH SOD\HUV WKH RSSRUWXQLWLHV , GLGQ W KDYH

:KDW LV WKH PRVW LPSRUWDQW WKLQJ IRRWEDOO KDV WDXJKW \RX" 'LVFLSOLQH %HLQJ LQ WKH ULJKW VSRW DW WKH ULJKW WLPH 7KH GLVFLSOLQH \RX OHDUQ IURP IRRWEDOO KHOSV \RX WKURXJKRXW WKH UHVW RI \RXU OLIH

,I \RX ZHUH QRW D FRDFK ZKDW ZRXOG \RX EH" , GRQ W NQRZ , GRQ W KDYH DQ\ RWKHU VNLOOV , GRQ W HYHQ NQRZ LI , KDYH WKLV VNLOO 3UREDEO\ GRLQJ VRPH WKLQJ LQ EXVLQHVV

+RZ GR \RX UHOD[" :DWFKLQJ IRRWEDOO JDPHV

$V D SOD\HU ZKDW LV \RXU PRVW PHPRUD EOH JDPH" 0\ IUHVKPDQ \HDU DW $UNDQVDV 0RQWLFHOOR ZH ZHUH SOD\LQJ RXU ULYDO 6RXWKHUQ $UNDQVDV 7KH\ ZHUH UDQNHG DQG ZH ZRQ WKH JDPH LQ GRXEOH RYHUWLPH ,Q KLJK VFKRRO , ZDV LQ WKH KRVSLWDO XQWLO :HGQHV GD\ DQG SOD\HG )ULGD\ QLJKW :H ZHUH WKH IRXU VHHG DQG NQRFNHG RII WKH UHJLRQ FKDPS

7KUHH ZRUGV WR GHVFULEH \RXU WHDP WKLV \HDU ([FLWHG H[SHULHQFHG DQG ZLOOLQJ


1HZ FRDFK EULQJV QHZ DWWLWXGH WR %XOOGRJV OLSSHG DERXW :LWK ILUVW ZKDW KH \HDU KHDG FRDFK SODQV IRU WKH -DPLH $EUDPV DW %XOOGRJV WKH KHOP WKH DQG FRQVLG :DGOH\ %XOO HULQJ QR RQH GRJV DUH H[FLWHG KDV VHHQ KLV DERXW WKH XS FRDFKLQJ FRPLQJ VHDVRQ VW\OH ´0\ H[FLWH $EUDPV FRQ PHQW LV ERUGHU VLGHUV LW DQ OLQLQJ RYHU DGYDQWDJH ZKHOPHG ULJKW ´, WU\ WR QRZ µ $EUDPV NHHS P\ VDLG ´, WKLQN LI , FDUGV DV KDG DQRWKHU FORVH WR WKH PRQWK , ZRXOG YHVW DV SRV JHW LW DOO WR VLEOH µ JHWKHU EXW WKHUH DUH D ORW RI XQ 7KH %XOOGRJV ZLOO IDFH VWLII FRPSHWLWLRQ GXULQJ WKHLU QRQ UHJLRQ FRQWHVWV $EUDPV VDLG DQVZHUHG TXHV ZLWK +RUVHVKRH %HQG :RRGODQG DQG 5DQGROSK &RXQW\ 3KRWRV E\ (OOHQ 6LPV ´7KDW LV WKH UHDO ELJ SRVL WLRQV ULJKW WLYH , KDYH ULJKW QRZ EHFDXVH QR QRZ µ RQH NQRZV ZKDW , DP JRLQJ WR $EUDPV FRPHV IURP 6RXWK GR µ 3DXOGLQJ +LJK 6FKRRO LQ 'RXJ +H ZRXOG VD\ WKDW WKH %XOO ODVYLOOH *D ZKLFK KDV PRUH VWX GRJV ZLOO EDVH RXW RI WKH , GHQWV JUDGHV QLQH WKURXJK )RUPDWLRQ RQ RIIHQVH DQG WKH WKDQ :DGOH\ KDV UHVLGHQWV RQ GHIHQVH ´,W V GHILQLWHO\ DQ DGMXVWPHQW ´+RSHIXOO\ ZH ZLOO UXQ D GH EXW , FRXOGQ W DVN IRU D EHWWHU IHQVH WKDW WDFNOHV DQG UXQV WR WKH SODFH WR EH µ $EUDPV VDLG ´7KH EDOO µ $EUDPV VDLG HYDVLYHO\ FRPPXQLW\ VXSSRUW KDV EHHQ ´2Q RIIHQVH ZH ZLOO WDNH ZKDW JUHDW 7KH\ KDYH EHHQ SHU WKH\ JLYH XV :H WU\ WR EH ZHOO FHQW EHKLQG ZKDW ZH DUH GRLQJ SUHSDUHG DQG XQGHUVWDQG ZKDW ´, FRXOG EH LQ RWKHU SODFHV ZKHUH ZH ZRXOGQ W KDYH WKH :DGOH\ ZLOO EH URDG ZDUULRUV IRU WKH ZH DUH ORRNLQJ DW :H ZDQW WR EH UHDG\ WR DWWDFN ZKHQ ZH VSRW D FRPPXQLW\ VXSSRUW WKH IDFLOL ILUVW WZR ZHHNV RI WKH VHDVRQ ZHDNQHVV LQ RXU RSSRQHQW µ WLHV WKH WDOHQW 7KH RIIHQVH ZLOO EH OHDG E\ ´+RSHIXOO\ ZH FDQ EXLOG VRSKRPRUH TXDUWHUEDFN 5\DQ XSRQ WKH WUDGLWLRQ WKDW LV :DGOH\ 6LVNH\ ZKR UHWXUQV ZLWK PRUH IRRWEDOO 7KLV GHFDGH WKH EXOO E\ .HOO\ &DOGZHOO NQRZOHGJH RI WKH JDPH DIWHU D GRJV DUH RQH RI WKH ZLQQLQJHVW \HDU XQGHU KLV EHOW SURJUDPV LQ WKH VWDWH DQG KRSH ´2I FRXUVH ZH ZLOO ORRN WR WKH IXOO\ ZH FDQ FRQWLQXH WKDW H[FLWH FDQ W UHDOO\ VD\ LW GRHVQ W µ TXDUWHUEDFN WR OHDG WKH WHDP RQ PHQW µ $EUDPV VDLG ´%XW WKH\ DUHQ W 7KH %XOOGRJV ZLOO ILHOG D D DFFXVWRPHG WR ZKDW , GR VR WKH\ WKH ILHOG DQG ZH DUH WU\LQJ WR GHYHORS VRPH OHDGHUV ULJKW QRZ PHPEHU VTXDG WKLV VHDVRQ ZKLFK DUH KDYLQJ WR OHDUQ D ORW ULJKW %XW , ZLOO VD\ WKH PRVW FRQVLV QRZ µ LQFOXGHV HLJKW VHQLRUV WHQW DQG WKH RQH WKDW DOZD\V KDV +H LV DOVR NHHSLQJ WLJKW ´7KH WHDP KDV H[SHULHQFH VR ,

6HDVRQ 3UHYLHZ

)ULGD\ QLJKW OLIH


WKH EHVW DWWLWXGH DQG FRPHV UHDG\ WR ZRUN LV .DP HURQ 6WDSOHV µ $EUDPV VDLG ´.RW\ 7RELQ LV VWHS SLQJ XS WRR DQG VKRZLQJ VLJQV RI OHDGHUVKLS ´, H[SHFW P\ SOD\HUV WR FDUU\ WKHPVHOYHV ZLWK FODVV EH GLVFLSOLQHG QRW RQO\ RQ WKH ILHOG EXW LQ WKH FODVVURRP EH UHVSHFWIXO DQG RI FRXUVH WR ZRUN 7KH %XOOGRJV ZLOO VWDUW LWV FDPSDLJQ ZLWK D SUHVHDVRQ MDPERUHH DJDLQVW /LQHYLOOH ´(YHU\RQH LV WDONLQJ WKHP XS WKLV \HDU µ $EUDPV VDLG ´:H ZLOO ILQG RXW UHDO TXLFN KRZ ZH PHDVXUH XS µ :DGOH\ ZLOO WKHQ WUDYHO IRU WKH NLFNRII RI WKH VHDVRQ RQ $XJ DJDLQVW ULYDO +RUVHVKRH %HQG ´7KDW LV D UHDOO\ ELJ JDPH IRU XV µ $EUDPV VDLG ´:DGOH\ KDV GRPLQDWHG WKH JDPH IRU \HDUV EXW ODVW \HDU +RUVHVKRH %HQG ZRQ µ :DGOH\ OHDGV WKH VHULHV LQFOXGLQJ D QLQH JDPH ZLQ VWUHDN +RUVHVKRH %HQG VQDSSHG ODVW VHDVRQ 8VXDOO\ WKH UHJLRQ FRQWHVWV DUH PRUH LPSRUWDQW IRU DQ\ JLYHQ VFKRRO DQG WKH %XOOGRJV DUH QR H[ FHSWLRQ KRZHYHU WKH QRQ UHJLRQ FRQWHVWV KDYH D OLWWOH PRUH ZHLJKW WKLV VHDVRQ ´0\ URRWV DUH LQ :RRGODQG , ZHQW WKHUH XQWLO , ZDV LQ VL[WK JUDGH DQG WKHQ , FRDFKHG ZLWK &RDFK 6WUDLQ IRU D FRXSOH RI \HDUV µ $EUDPV VDLG ´6R WKDW ZHHN ZLOO EH DQ LQWHUHVWLQJ RQH WR VD\ WKH OHDVW µ :RRGODQG DVVLVWDQW FRDFK 6WHSKHQ %DLOH\ ZDV HYHQ D JURRPVPHQ LQ $EUDPV ZHGGLQJ ´7KHUH ZLOO EH D ORW RI HPRWLRQV LQ WKDW JDPH µ $EUDPV VDLG ´0RVW RI P\ IDPLO\ LV RYHU WKHUH DV ZHOO , KDYH D ORW RI ZHOO ZLVKHUV EXW WKH\ DUHQ W JLYLQJ XS WKHLU OR\DOW\ $ ORW RI P\ IDPLO\ KRSHV ZH JR DQG ZLQ RXU UHJLRQ ´, KDYH VRPH UHODWLYHV LQ *HRUJLD WKDW DUHQ W WLHG WR :RRGODQG WKDW KDYH VDLG WKH\ ZLOO FRPH RYHU DQG FKHHU IRU :DGOH\ DOO JDPHV LQ WKH UHJXODU VHDVRQ µ 7KH ODVW JDPH RI WKH VHDVRQ ZLOO EH LQWHUHVWLQJ DV ZHOO ZKHQ WKH %XOOGRJV WUDYHO WR :HGRZHH WR SOD\ WKH 5DQGROSK &RXQW\ 7LJHUV ´&RDFK 5DQG\ 6SDUNV OHIW KHUH DQG ZHQW WKHUH VR WKDW ZLOO EH D ELJ JDPH WRR µ $EUDPV VDLG ´7KHUH LV D OLWWOH PRUH DW VWDNH LQ WKH FRXQW\ JDPHV WKLV \HDU WKDQ WKHUH KDV EHHQ 7KH\ KDYH QR EHDULQJ LQ XV JRLQJ WR WKH SOD\RIIV EXW WKHUH LV D ORW RI SULGH LQYROYHG LQ WKRVH JDPHV ´,I ZH FDQ W JHW PRWLYDWHG IRU WKDW JDPH ZH FDQ W JHW PRWLYDWHG µ

:DGOH\ %XOOGRJV 9DUVLW\ )RRWEDOO 1XPEHU

),567 1$0(

*5$'(

'(9,1 )5((0$1

&+$67,1 %$77/(

48$< +817(5

6.</(5 +803+5,(6

7/ +($5'

$'5,$1 0$5$%/(

'$.27$ &$/':(//

&$/(% &$/+281

:(6/(< -2+1621

'$.27$ %52:1

5<$1 6,6.(<

.(55< 67$3/(6

'$/721 :(/&+

/8.( :,/.,16

.$0(521 67$3/(6

5,'*( '2%621

'(9$56,( *5($7+286(

.$0$85< $9(5<

%5$1'21 1255,6

&2/%< +2//2:$<

75,67$1 %/$&.021

-$.( 29(5721

9,&725 %$//$5'

.27< 72%,1

$5,1 +2:(//

75,67$1 &2.(5

(7+$1 +2:$5'

75(925 :,1'625

-(55< '<(

&25(< 5$< 0&*,//

*/(11 '(35,(67

/8.( ),6+(5

+817(5 /,1*(5)(/7

&$/( 0,7&+$0

-21$7+21 &/$5.

%5$'/(< 0(/721

)ULGD\ QLJKW OLIH


)ULGD\ QLJKW OLIH


\HDUV ODWHU FKDPSLRQVKLS VHDVRQ VWLOO DOLYH IRU +DOO -HUU\ +DOO ZRXOG EH WKH ILUVW WR WHOO \RX KH ZDVQ W WKH EHVW SOD\HU RQ WKH VWDWH FKDPSLRQ :DGOH\ IRRWEDOO WHDP EXW KH KDG PRUH WKDQ HQRXJK GHVLUH IRU WKH JDPH WR OHDG WKH WHDP DW TXDUWHUEDFN

:KHUH $UH 7KH\ 1RZ" E\ .HOO\ &DOGZHOO ´7KHUH ZHUH SHRSOH RQ WKH WHDP WKDW SUREDEO\ KDG PRUH DELOLW\ WR EH TXDUWHUEDFN EXW WKH\ GLGQ W ZDQW LW DV PXFK DV , GLG µ +DOO VDLG ´0\ WKUHH EHVW IULHQGV ZHUH WKH VWDUWLQJ EDFNILHOG DQG , NQHZ , ZDV JRLQJ WR EH ZLWK WKHP , ZRUNHG KDUG WR EH WKH TXDUWHUEDFN ´, KDG WR EHFDXVH , KDG VRPH SUHVVXUH RQ PH DQG VRPHWLPHV D

-HUU\ +DOO DERYH ORYHV WR UHPLQLVFH DERXW KLV IRRWEDOO SOD\LQJ GD\V IRU WKH :DGOH\ %XOOGRJV OLWWOH ELW RI SUHVVXUH OLNH WKDW LV D JRRG WKLQJ ,W PDGH PH GR EHWWHU WKDQ , ZDV FDSDEOH RI GRLQJ µ

7KH KDUG ZRUN SDLG RII IRU QRW RQO\ +DOO EXW WKH UHVW RI WKH :DG OH\ %XOOGRJV WKDW VHDVRQ HVSHFLDOO\

)ULGD\ QLJKW OLIH


FRQVLGHULQJ D IHZ PRQWKV EHIRUH WKH WHDP ZDVQ W HYHQ VXUH WKHUH ZRXOG EH D VTXDG WKDW VHDVRQ ´2XU VFKRROKRXVH EXUQHG LQ -XQH WKDW \HDU DQG HYHU\WKLQJ ZDV JRQH µ +DOO VDLG ´7KHUH ZDV WDON WKDW ZH ZHUHQ W JRLQJ WR KDYH D WHDP EHFDXVH RI LW DQG RXU FRDFK OHIW µ : = +DVVHOO WKH SULQFLSDO DW :DGOH\ WRRN RYHU WKH WHDP LQ ZKDW ZRXOG EH KLV RQO\ VHDVRQ DV D KHDG IRRWEDOO FRDFK ´+H GLG LW DOO KH ZDV WKH SULQ FLSDO IRRWEDOO FRDFK EDVNHWEDOO FRDFK DQG RYHUVDZ WKH FRQVWUXF WLRQ RI WKH QHZ VFKRROKRXVH µ +DOO VDLG 7KH WHDP SUDFWLFHG WKDW VXPPHU ZLWK ROG XVHG HTXLSPHQW +DVVHOO KDG IRXQG ´0U +DVVHOO ZDV VR DIUDLG WKDW VRPHRQH ZRXOG JHW KXUW WKDW ZH GLGQ W SUDFWLFH LQ SDGV EXW IRU DERXW D ZHHN EHIRUH WKH VHDVRQ

)ULGD\ QLJKW OLIH

VWDUWHG µ +DOO VDLG ´+H VDLG E\ WKH WK JUDGH ZH NQHZ WKH IXQGDPHQ WDOV VR ZH ZRXOG MXVW UHKHDUVH RXU RIIHQVH LQ KHOPHWV DQG VKRUWV ´:H GLGQ W KDYH D FOXH WKDW ZH FRXOG ZLQ D JDPH µ 7KH VHDVRQ VWDUWHG ZLWK FURVV FRXQW\ ULYDO :RRGODQG ZKLFK DF FRUGLQJ WR +DOO WKH RIIHQVLYH OLQH RXWZHLJKHG KLV WHDP E\ DQ DYHUDJH RI SRXQGV ´7KH\ ZHUH ELJ DQG EDG µ KH VDLG ´$QG WKH\ SUREDEO\ KDG EHW WHU SHUVRQQHO WKDQ ZH GLG µ 7KH %XOOGRJV ZRQ WKH JDPH DQG WKH IROORZLQJ ZHHN WKH WHDP SOD\HG 5DQGROSK &RXQW\ ´:H VWXPEOHG XS DQG ZRQ WKDW JDPH WRR µ KH VDLG ´7KHQ ZH VWDUWHG JHWWLQJ VRPH FRQILGHQFH DERXW XV µ 7KH %XOOGRJV WUDLOHG RQO\ RQFH WKDW VHDVRQ DJDLQVW 7XVNHJHH DQG D ODWH IXPEOH UHFRYHU\ LQ 5HHOWRZQ SUHVHUYHG WKH SHUIHFW VHDVRQ

´:H KDG VWUXJJOHG ZLWK 5HHOWRZQ WKH ZKROH WLPH µ +DOO VDLG ´:H KDG WKHP DQG WKH\ ZHUH GULYLQJ 6R VXUH HQRXJK %LOO\ +DUSHU KLW WKH IHOOD FDXVHG D IXP EOH DQG , WKLQN -LPP\ 5D\ (OOLRW UHFRYHUHG WKH EDOO ´:H UDQ WKH FORFN RXW DQG VXU YLYHG WKDW RQH µ 7KH %LUPLQJKDP 1HZV FURZQHG WKH %XOOGRJV WKH &ODVV $ 6WDWH &KDPSLRQV DQG %LOO 3HUU\ ZDV QDPHG QG WHDP DOO VWDWH DQG 5DOSK 2YHUWRQ %LOO\ +DUSHU DQG 0HUULOO 6WHYHQV ZHUH $OO 6WDWH KRQ RUDEOH PHQWLRQV ´%DFN WKHQ \RX RQO\ SOD\HG JDPHV DQG WKHUH ZDVQ W D SOD\RII V\VWHP LQ SODFH µ +DOO VDLG ´,W ZDV NLQG RI OLNH WKH FROOHJH FKDPSLRQ VKLS LV WRGD\ LW ZDV ZKR WKH SD SHUV GHFLGHG ZDV WKH EHVW ´, WKLQN HYHU\RQH RQ WKDW WHDP ZHQW RQ WR EHFRPH IDLUO\ VXFFHVVIXO PHQ µ KH VDLG ´<RX FDQ JHW WKDW


JURXS WRJHWKHU DQG WKH\ FDQ UHFDOO QHDUO\ HYHU\ SOD\ 7KH H[FLWHPHQW LV VWLOO WKHUH IRU WKHP \HDUV ODWHU µ $IWHU KLJK VFKRRO +DOO ZHQW WR WKH 8QLYHUVLW\ RI $ODEDPD IRU WZR \HDUV DQG ODWHU WUDQVIHUUHG WR $XEXUQ ZKHUH KH VWD\HG XQWLO KH JUDGXDWHG +H PRYHG EDFN KRPH DQG PDUULHG KLV KLJK VFKRRO VZHHWKHDUW 'RQQD .LWFKHQV LQ +H ZRUNHG DQG ODWHU RZQHG +DOO V *URFHU\ LQ :DGOH\ XQWLO ´, WKRXJKW , KDG UHWLUHG DQG JRQH WR WKH KRXVH µ KH VDLG ´%XW WKHQ -RKQ 7LQQH\ FDOOHG PH DQG DVNHG IRU PH WR FRPH WR :HGRZHH DQG RYHUVHH KLV LQWHUHVW XS KHUH µ +H KDV ZRUNHG DW /DNHVLGH 0DULQD VLQFH ´, WROG KLP UHDO TXLFN WKDW , GLGQ W ZDQW WR EH EHKLQG WKH FDVK UHJLVWHU , ZRXOG UDWKHU SLFN XS WUDVK %XW KH VDLG WKDW ZDV RND\ DQG , FDPH RQ XS KHUH , KDYH PHW VR PDQ\ IRONV E\ EHLQJ XS KHUH , KDYH WKRURXJKO\ HQ MR\HG LW µ +DOO VDLG -HUU\ DQG 'RQQD ZLOO FHOHEUDWH WKHLU UG ZHGGLQJ DQQLYHUVDU\ WKLV PRQWK DQG KDYH UDLVHG IRXU FKLOGUHQ ´, WKLQN LI \RX FDQ UDLVH \RXU FKLOGUHQ WR EH JRRG IRONV \RX DUH VXFFHVVIXO µ +DOO VDLG ´(YHU\RQH LV QRW JRLQJ WR FOLPE 0W (YHUHVW RU VZLP WKH (QJOLVK &KDQ QHO EXW LI \RX FDQ MXVW EH VWHDG\ KHOS \RXU QHLJKERU GR WKH EHVW \RX FDQ DQG LI \RXU FKLOGUHQ DUH VXFFHVVIXO WKHQ \HDK , ZRXOG FRQVLGHU WKDW D VXFFHVV µ

)ULGD\ QLJKW OLIH


3KRWR E\ /DUU\ 0F*LOO

:DGOH\ 9DUVLW\ &KHHUOHDGHUV

)ULGD\ QLJKW OLIH


/DUU\ 6WUDLQ :KDW LV \RXU IDYRULWH H[SUHVVLRQ" '\QDPLWH FRPHV LQ VPDOO SDFNDJHV

:KDW LV \RXU IDYRULWH IRRWEDOO PRYLH" 5HPHPEHU WKH 7LWDQV

:KR LV \RXU FRDFKLQJ KHUR DQG ZK\" &RDFK 3DXO ´%HDUµ %U\DQW , ZDV IRUWXQDWH HQRXJK WR SOD\ IRU KLP ,W ZDV MXVW KLV IRUWH WR WDNH DQ DY HUDJH SOD\HU DQG JHW WKH EHVW RXW RI KLP

:KDW PDGH \RX JHW LQWR FRDFKLQJ IRRWEDOO" , KDYH DOZD\V EHHQ LQYROYHG LQ DWKOHWLFV :KHQ , ZHQW WR FRO OHJH , ZDV JRLQJ WR EH D FLYLO HQJLQHHU EHFDXVH LW ZHQW DORQJ ZLWK ZKDW P\ GDG·V EXVLQHVV ZDV , GRQ W NQRZ LI LW ZDV EH FDXVH WKH JUDGHV ZHUH WRR WRXJK RU , PLVVHG WKH DWKOHWLFV VR PXFK , ZDV SOD\LQJ IRRW EDOO DW $ODEDPD DW WKH WLPH VR , GLGQ W ZDQW WR JLYH WKDW XS

:KDW LV WKH PRVW LPSRUWDQW WKLQJ IRRWEDOO KDV WDXJKW \RX"

&RDFK 6WUDLQ

7KH FDPDUDGHULH ZLWK WKH NLGV 7KDW V WKH UHDVRQ ZK\ FRDFKHV EHWWHU EH LQ WKH EXVLQHVV LWV DERXW WKH NLGV , WKLQN LW LV MXVW D JUHDW VSRUW WKDW WHDFKHV \RX PRUH DERXW OLIH WKDQ DQ\ RWKHU JDPH

,I \RX ZHUH QRW D FRDFK ZKDW ZRXOG \RX EH" 3UREDEO\ EH LQ WKH FRQVWUXFWLRQ EXVLQHVV

:KDW LV \RXU IDYRULWH IRRG" 6SDJKHWWL

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

7KUHH ZRUGV WR GHVFULEH \RXU WHDP WKLV \HDU« &RPSHWLWLYH VSLULW ZRUN HWKLF PRUDOV


)ULGD\ QLJKW OLIH


/DUJH 6HQLRU &ODVV VHW WR OHDG %REFDWV RXU SDVW VXF :22' FHVV ZH KDYH /$1'³/DUU\ WURXEOH ILOOLQJ 6WUDLQ HQWHUV WKRVH QRQ KLV VHYHQWK UHJLRQ VORWV µ VHDVRQ DW 6WUDLQ VDLG :RRGODQG DQG ´:LWK WKH H[ KRSHV WR FRQ FHSWLRQ RI WLQXH EXLOGLQJ :DGOH\ ZH RQ SDVW VXF KDYH WR SOD\ FHVVHV VFKRROV ELJJHU ´:H KDYH WKDQ XV µ EHHQ WR WKH $V IRU WKH SOD\RIIV HYHU\ WHDP 6WUDLQ \HDU VLQFH EHOLHYHV DQG ZH ZLOO :RRGODQG ZLOO KDYH WR ZRUN ILHOG D TXDOLW\ KDUG EXW KRSH VTXDG WKLV VHD WKH VWUHDN ZLOO VRQ DQG ZLOO FRQWLQXH WKLV :RRGODQG ZLOO RSHQ WKH VHDVRQ ZLWK %RZGRQ +LJK 6FKRRO RI *HRUJLD UHO\ RQ KLV VHDVRQ µ 7KH ULYDOU\ KDV JURZQ RYHU WKH \HDUV EHFDXVH RI WKH SUR[LPLW\ RI WKH ODUJHVW FODVV RI 7KH %REFDWV WRZQV VHQLRUV LQ VHY DUH FRPLQJ RII HUDO \HDUV WR D VHDVRQ SURYLGH QHHGHG OHDGHUVKLS DQG ZLOO IDFH QHZ FRPSHWLWLRQ ´:H KDYH UHWXUQLQJ VHQ WKLV \HDU LQ 5HJLRQ $ LRUV WKLV \HDU µ KH VDLG ´$QG WKDW V WKH ODUJHVW FODVV VLQFH 7KH\ DUH WKH RQHV WKDW DUH JRLQJ E\ .HOO\ &DOGZHOO WR KDYH WR WRH WKH OLQH DQG , H[ SHFW WKHP WR OHDG E\ H[DPSOH µ ,Q WKDW FODVV WKHUH DUH VHYHUDO ´(YHU\ FRDFK WDONV DERXW WKHLU NH\ VWDUWHUV UHWXUQLQJ IRU WKHLU UHJLRQ EHLQJ WKH WRXJKHVW µ VHQLRU FDPSDLJQV 6WUDLQ VDLG ´%XW ZH KDYH 5HHO ´:H KDYH WKH PDMRULW\ RI WRZQ WKH GHIHQGLQJ VWDWH RXU VNLOO SHRSOH EDFN µ 6WUDLQ FKDPSV ZKR RQO\ ORVW WKUHH SOD\ VDLG HUV IURP ODVW VHDVRQ :H DOVR 7KH RIIHQVH ZLOO EH OHG E\ KDYH /LQHYLOOH ZKR VRPH VD\ DUH 7UH\ )HWQHU ZKR SDVVHG IRU ILHOGLQJ LWV EHVW WHDP LQ \HDUV \DUGV DQG WRXFKGRZQV ZKLOH ´7KHQ RI FRXUVH /DQHWW LV DO UXVKLQJ IRU \DUGV DQG ZD\V WRXJK DQG SK\VLFDO µ WRXFKGRZQV RQ FDUULHV DV D 5RXQGLQJ RXW WKH UHJLRQ DUH MXQLRU 5DQGROSK &RXQW\ ZKLFK LV XQ 5XQQLQJ EDFN -RVKXD +HDUG GHU QHZ OHDGHUVKLS ZLWK &RDFK UHWXUQV IRU KLV VHQLRU VHDVRQ DV 5DQG\ 6SDUNV WDNLQJ WKH KHOP 7KH %REFDWV ZLOO IDFH ODVW \HDU·V ZHOO /DVW \HDU KH UXVKHG IRU /DID\HWWH 5DQEXUQH DQG :DOWHU &ODVV $ 6WDWH &KDPSLRQ 5HHOWRZQ \DUGV RQ FDUULHV ZLWK :HOOERUQ DV D QHZ UHJLRQ IRH WRXFKGRZQV ´:H KDYH D WRXJK UHJLRQ WR 2WKHU UHWXUQHUV RQ RIIHQVH EHJLQ ZLWK DQG WKHQ EHFDXVH RI

6HDVRQ 3UHYLHZ

)ULGD\ QLJKW OLIH


7UH\ )HWQHU UHWXUQV IRU KLV VHQLRU FDPSDLJQ IRU WKH :RRGODQG %REFDWV 7KH %REFDWV KDYH EHHQ WR WKH SOD\RIIV FRQVHFXWLYHO\ VLQFH 7KLV \HDU·V WHDP KRSH WR FRQWLQXH WKH VWUHDN LQFOXGH 7\OHU 1DSLHU .RG\ *D\ =DFN 0F'DQLHO DQG 6WHSKHQ 6WUDLQ 7KH VHFRQGDU\ UHWXUQV DOPRVW LQ WDFW IRU WKH GHIHQVH DQG ZLOO EH OHG E\ *D\ $W RXWVLGH OLQHEDFNHU *D\ OHG WKH GHIHQVH ODVW VHDVRQ ZLWK WDFNOHV DQG WKUHH VDFNV

2WKHUV UHWXUQLQJ LQFOXGH &RU\ 3DUNV FRUQHUEDFN +HDUG RXWVLGH OLQHEDFNHU )HWQHU IUHH VDIHW\ .LUN %URZQ RXWVLGH OLQH EDFNHU DQG 1DSLHU GHIHQVLYH HQG ´7KH NH\ WR RXU VXFFHVV LV QRW JHWWLQJ KXUW µ 6WUDLQ VDLG ´$QG KRZ ZHOO RXU GHIHQVH GRHV

´:H DUH SUHWW\ FRQILGHQW ZH FDQ SXW SRLQWV XS EXW ZH KDYH WR EH DEOH WR VWRS SHRSOH DQG ZH DUH D OLWWOH VPDOOHU WKDQ ZH KDYH EHHQ LQ \HDUV SDVW µ 7KH %REFDWV ZLOO RSHQ WKH VHD VRQ DW KRPH DJDLQVW %RZGRQ $X JXVW .LFNRII LV VODWHG IRU S P FHQWUDO WLPH

&KHFN XV RXW RQ WKH ZHE DW ZZZ IDFHERRN FRP IULGD\QLJKWOLIH DO

)ULGD\ QLJKW OLIH


:RRGODQG 9DUVLW\ )RRWEDOO 180%(5

1$0( /$.(/$1' 3+,//,36 &2/%< 63($56 =$&+$5< %$5521 7</(5 52//,16 =$&+$5< /$1*/(< $1'5(: %85528*+6 -2+1 $'&2&. .(1'$// +8'621 75(< )(71(5 -$&2% %,5&+),(/' &2/721 0&0$186 &25(< 3$5.6 67(3+(1 675$,1 -86786 +(55,1* :,//,$0 %52:1 -26+8$ +($5' '(,21 &2//,(5 $$521 %8775,// $867,1 0,7&+(// 1,&+2/$6 3+,//,36 '867,1 0&&/85* =$&+(5< 0&'$1,(/ /(9, 12/(6 $867,1 0($'2:6 $/%(57 '$9,6 6&277 $,16:257+ 7</(5 1$3,(5 67((' +$11(5 5$1'< :($9(5 .2'< *$< -2+1 -$&.621 -$0(6 675$,1 -$0(6 %85528*+6 '(9217$ 0$))(77 5,&. 5(),7

*5$'(


:RRGODQG %REFDWV 9DUVLW\ &HHUOHDGHUV

)ULGD\ QLJKW OLIH


*D\ XVHV OHDGHUVKLS VNLOOV WR OHDG FRXQW\ HGXFDWLRQ )RRWEDOO LQVSLUHG 3DXO *D\ LQ PDQ\ ZD\V $V D WHHQDJHU KH OHDUQHG WKH LPSRUWDQFH RI EHLQJ D WHDP SOD\HU DQG GLVFRYHUHG KLV SDVVLRQ IRU D FDUHHU WKDW KDV WDNHQ KLP WR WKH KLJKHVW SRVLWLRQ LQ 5DQGROSK &RXQW\ HGXFDWLRQ ´)RRWEDOO LV WKH EHVW VSRUW WKHUH LV µ KH VDLG ´,W V QRW RQO\ IXQ WR ZDWFK SOD\ DQG FRDFK EXW LW WHDFKHV \RX VR PDQ\ OHVVRQV WKDW QRW DOO VSRUWV WHDFK µ *D\ LV DQ JUDGXDWH RI :RRGODQG +LJK 6FKRRO DQG SOD\HG IRU 0D[ <DUERURXJK %REE\ 5D\ *UHHQ DQG KLV EURWKHU LQ ODZ -RKQ -DFREV ´3OD\LQJ IRU WKRVH PHQ JDYH PH WKH GHVLUH WR EHFRPH D FRDFK 3DXO *D\ KDV ZRUNHG DV DQ HGXFDWRU LQ 5DQGROSK &RXQW\ VLQFH ERWK LQ WKH P\VHOI µ 5RDQRNH &LW\ 6FKRROV 6\VWHP DQG WKH 5DQGROSK &RXQW\ 6FKRRO 6\VWHP $IWHU JUDGXDWLRQ *D\ HDUQHG D ZDON RQ VSRW DW WKH 8QLYHUVLW\ RI DQG DVVLVWDQW IRRWEDOO FRDFK XQGHU DQG WKHQ DIWHU KH UHWLUHG &RDFK :HVW *HRUJLD EXW DIWHU D \HDU KH FXUUHQW :RRGODQG IRRWEDOO FRDFK -LPP\ +ROOH\ µ KH VDLG GHFLGHG WR KDQJ XS KLV FOHDWV DV D ´&RDFKLQJ LV OLNH D IDPLO\ DQG ZH /DUU\ 6WUDLQ SOD\HU ´,W ZDV D WRXJK ILUVW \HDU KDG D UHDOO\ JRRG JURXS WKHUH ´,W ZDVQ W IXQ DQ\PRUH µ KH WKRXJK DQG DIWHU LW ZDV RYHU , RYHU WKH \HDUV µ VDLG ´,W EHFDPH OLNH D MRE µ ZDQWHG WR JR EDFN WR +DQGOH\ µ $IWHU QLQH \HDUV *D\ KDG )URP WKHUH KH HQUROOHG DW -DFN ZRUNHG KLV ZD\ LQWR EHFRPLQJ WKH KH VDLG VRQYLOOH 6WDWH 8QLYHUVLW\ EXW ODWHU +RZHYHU IRRWEDOO WDXJKW KLP GHIHQVLYH FRRUGLQDWRU IRU WKH 7L TXLW GHWHUPLQDWLRQ DQG SHUVHYHUDQFH JHUV EXW DIWHU WKDW QLQWK VHDVRQ ´, UHDOO\ GLGQ W WKLQN , ZDV JR $QG DV KH JRW DFFOLPDWHG WR D KH ZDQWHG WR PDNH D FKDQJH LQJ WR JR EDFN µ KH VDLG ´%XW LW QHZ SRVLWLRQ DQG ZRUNLQJ ZLWK ZDV VRPHWKLQJ WKDW P\ GDG UHDOO\ QHZ SOD\HUV DQG FRDFKHV KLV RXW ZDQWHG IRU PH µ ORRN FKDQJHG *D\ V IDWKHU 5D\ *D\ GLHG ´:H EHJDQ WR JHO DV D WHDP DQG ZKHQ 3DXO ZDV DQG LW KDG D WKHQ LQ ZH KDG RXU &LQGHU E\ .HOO\ &DOGZHOO JUHDW LPSDFW RQ KLV OLIH HOOD VHDVRQ µ KH VDLG ´:H VWDUWHG ´0\ GDG ZDV D PLOO ZRUNHU RII WKH VHDVRQ ZLWK VHYHUDO ORVVHV ´7KDW ZDV WKH WRXJKHVW WKLQJ , DQG KH DOZD\V WROG PH WR PDNH EXW WKH QLJKW ZH EHDW /LQHYLOOH ZH PRQH\ ZLWK P\ PLQG DQG QRW P\ KDYH HYHU KDG WR GR µ KH VDLG RI FRXOG VHH WKH FKDQJH LQ RXU SOD\ WHOOLQJ KLV SOD\HUV WKDW KH ZDV UH ERG\ $QG WKDW V WKH UHDVRQ , HUV DQG WKH FRQILGHQFH JUHZ µ VLJQLQJ IURP +DQGOH\ IRU D SRVL ZHQW EDFN DQG ILQLVKHG P\ GH 7KH WHDP ILQLVKHG WKH VHDVRQ DV WLRQ DW KLV DOPD PDWHU ´$IWHU EH JUHH µ WKH VWDWH UXQQHU XS ZKLFK LQ LQJ DW D SODFH IRU QLQH \HDUV LW EH *D\ V ILUVW FRDFKLQJ MRE RXW RI FOXGHG D GRXEOH RYHUWLPH ZLQ FRPHV D IDPLO\ EXW , NQHZ LW ZDV FROOHJH ZDV DW +DQGOH\ +LJK DJDLQVW &OD\ &RXQW\ LQ $VKODQG VRPHWKLQJ , KDG WR GR 6FKRRO XQGHU 7RQ\ 0RWOH\ ´7KDW ZDV OLNH ZLQQLQJ WKH *D\ ZHQW WR :RRGODQG +LJK ´,W ZDV D JUHDW H[SHULHQFH DQG , VWDWH FKDPSLRQVKLS WKDW QLJKW µ KH 6FKRRO DV DQ DVVLVWDQW SULQFLSDO OHDUQHG D ORW IURP &RDFK 0RWOH\ VDLG

:KHUH $UH 7KH\ 1RZ"

)ULGD\ QLJKW OLIH


-XVW D IHZ \HDUV ODWHU *D\ PDGH DQRWKHU GHFLVLRQ WKDW OHG KLP WR ZKHUH KH LV WRGD\ ´, HQWHUHG WKH UDFH IRU 5DQGROSK &RXQW\ 6XSHU LQWHQGHQW EHFDXVH , ZDQWHG WR KHOS WKH VFKRROV LQ D QHZ ZD\ µ KH VDLG ´, VWLOO XVH D ORW RI ZKDW , OHDUQHG LQ IRRWEDOO LQ P\ UROH DV VXSHULQWHQGHQW ´(GXFDWLRQ LQ JHQHUDO LV D ORW OLNH D WHDP VSRUW EHFDXVH LW WDNHV VR PD\ SHRSOH SOD\LQJ WKHLU UROH WR DFKLHYH VXFFHVV µ *D\ VDLG ´:H DOO OLNH ZLQQLQJ EXW JLYLQJ \RXU DOO DQG GRLQJ \RXU EHVW LV VXFFHVV WR PH µ 6LQFH WKH HQG RI WKH IRRWEDOO VHDVRQ *D\ KDV QRW FRDFKHG IRRWEDOO EXW QRZ KH XVHV KLV VNLOOV DV D FRDFK WR OHDG WKH 5DQGROSK &RXQW\ 6FKRRO 6\VWHP ´2QH RI WKH ELJJHVW WKLQJV , OHDUQHG DV D FRDFK ZDV WKH EDODQFH RI GLVFLSOLQH DQG SUDLVH µ KH VDLG ´, UHPHPEHU FRDFK +ROOH\ WHOOLQJ PH DW +DQGOH\ WKDW LI \RX JRW RQ WR D SOD\HU IRU GRLQJ VRPHWKLQJ ZURQJ \RX FRXOGQ W OHW WKDW SOD\HU OHDYH WKH ILHOG WKDW GD\ ZLWKRXW SUDLVLQJ KLP IRU VRPHWKLQJ KH GLG ULJKW ´, VWLOO GR WKDW WRGD\ , WU\ WR EH IDLU DQG KRQHVW WR HYHU\RQH 7KDW ZDV VRPHWKLQJ , SURPLVHG ZKHQ , ZDV HOHFWHG DQG LW V VRPHWKLQJ , VWULYH WR DFFRP SOLVK HYHU\ GD\

)ULGD\ QLJKW OLIH


:RRGODQG +LJK 6FKRRO 0DUFKLQJ %DQG

)ULGD\ QLJKW OLIH


6HDVRQ RSHQHUV RIIHU KRSH DQG D JUHDW ELUWKGD\ PHPRU\ , ORYH KLJK VFKRRO IRRWEDOO )UL GD\ QLJKWV , VKRXOG , KDYH VSHQW SUHWW\ PXFK HYHU\ )ULGD\ QLJKW LQ ODWH $XJXVW 6HSWHPEHU 2FWREHU DQG 1RYHPEHU DW D KLJK VFKRRO IRRWEDOO JDPH HDFK \HDU VLQFH PLQXV ZKHQ WKH $UP\ EHFN RQHG , KRQHVWO\ FDQ·W WKLQN RI DQ\ SODFH ,·G UDWKHU EH $QG ZLWK WKDW VDLG WKH ILUVW QLJKW RI WKH KLJK VFKRRO IRRWEDOO VHDVRQ LV WKH EHVW )ULGD\ QLJKW RI WKHP DOO WR PH ,W RIIHUV KRSH HWHUQDO (DFK WHDP LV XQGHIHDWHG (DFK FRPPXQLW\ LV IXOO RI VSLULW (DFK SOD\HU KDV GUHDPV RI EHLQJ WKH VWDU $QG IRU PH LW LV D ZD\ WR UH PDLQ \RXQJ ² DW OHDVW IRU D OLWWOH ZKLOH , ZLOO VRRQ WXUQ HLJKW \HDUV ROG ,Q IDFW WKLV \HDU P\ ELUWKGD\ IDOOV ² RQ \RX JXHVVHG ² WKH ILUVW )ULGD\ QLJKW RI WKH SUHS IRRW EDOO VHDVRQ , DP QRW VXUH ZKHUH , ZLOO EH WKLV \HDU 3HUKDSV , ZLOO KHDG WR 1RUWKSRUW WR ZDWFK QHZ VFKRRO 6LSVH\ 9DOOH\ RSHQ LWV ILUVW VHDVRQ DJDLQVW SRZHUIXO )D\HWWH &RXQW\ 7KH JDPH VKRXOGQ·W EH YHU\ FORVH +RZHYHU WKH GUDPD LQ WKLV JDPH ZLOO EH ZRUWK WKH WULS )D\ HWWH FRDFK :DOGRQ 7XFNHU LV WKH VWDWH·V ZLQQLQJHVW DFWLYH KHDG FRDFK +H KDV ZLQV WR KLV FUHGLW ZLWK FRPLQJ LQ WKH $,6$ 7U\ LQJ WR NHHS KLP IURP ZLQQLQJ KLV WK RQ WKLV RSHQLQJ QLJKW ZLOO EH D \RXQJ FRDFK PDNLQJ KLV KHDG FRDFKLQJ GHEXW ² :DOGRQ·V VRQ /DQFH 7XFNHU <HS 7KDW·V WKH VDPH /DQFH ZKR EHFDPH WKH VWDWH·V DOO WLPH SDVVLQJ OHDGHU ZKLOH SOD\LQJ IRU KLV 'DG DW )D\HWWH LQ WKH HDUO\ V DQG VWDUWHG IRU WKH $ODEDPD &ULPVRQ 7LGH DV VHQLRU LQ FROOHJH /DQFH SDVVHG IRU \DUGV DV WKH 7LJHUV )ULGD\ QLJKW OLIH

TXDUWHUEDFN IURP 7KDW UHFRUG VWRRG XQWLO ZKHQ %UR GLH &UR\OH RI :HVWEURRN &KULVWLDQ WKUHZ IRU \DUGV LQ KLV ILYH \HDU SUHS FDUHHU /DQFH·V WRWDO QRZ UDQNV HLJKWK RYHUDOO LQ WKH $+ 6$$ 7KLV JDPH ZDV OLQHG XS VDLG 6LSVH\ 9DOOH\ DWKOHWLF GLUHFWRU 'HQ QLV $OYDUH] EHIRUH /DQFH ZDV KLUHG )RU :DOGRQ KH LV VWULYLQJ WR EHFRPH RQO\ WKH VHFRQG SUHS FRDFK LQ $ODEDPD VWDWH KLVWRU\ WR ZLQ JDPHV DOO LQ $ODEDPD 0DQ\ RI WKRVH ZLQV ZHUH HQJL QHHUHG ZLWK VRQV /DQFH DQG /XNH DW TXDUWHUEDFN

7KH *UHDWHVW *DPH E\ 5RQ ,QJUDP 7KH JDPH LV EHLQJ PRYHG WR 7XVFDORRVD &RXQW\ +LJK 6FKRRO·V ROG VWDGLXP LQ 1RUWKSRUW WR DF FRPPRGDWH WKH FURZG <RX FDQ EHW WKH ROG EDOO FRDFK ZLOO GR KLV EHVW WR ZLQ +H ZLOO H[SHFW QRWKLQJ OHVV IURP KLV VRQ +DQGOH\ +LJK 6FKRRO·V 0LNH %DWWOHV DQG KLV VRQ 0LNH -U WKH KHDG FRDFK DW %LEE &RXQW\ SOD\HG D MDPERUHH JDPH YHUVXV HDFK RWKHU ODVW VHDVRQ ,W PD\ KDYH EHHQ D ´QRQ FRXQWHUµ RQH ZHHN SULRU WR WKH VHDVRQ RSHQHU EXW \RXQJ 0LNH VDLG ´,W ZDV LQWHQVH DV DQ\ JDPH , KDYH HYHU FRDFKHG LQ ,W ZDVQ·W IXQ IRU HLWKHU RI XV 7KDW LV ZK\ ZH GH FLGHG QRW WR SOD\ LW WKLV \HDU µ 'DG DQG VRQ FDPH YHU\ FORVH WR UHOLYLQJ WKDW PRPHQW LQ D ´UHDOµ JDPH ODWH ODVW VHDVRQ +HDGLQJ LQWR WKH &ODVV $ VWDWH SOD\RII TXDUWHUIL QDOV +DQGOH\ DQG %LEE &RXQW\ ZHUH HDFK ,I ERWK KDG ZRQ WKH\ ZRXOG KDYH PHW LQ WKH VHPLIL QDOV 7KH &KRFWDZV ORVW WR -DFNVRQ KRZHYHU DQG +DQGOH\ XSVHW

806 :ULJKW 7KH QH[W ZHHN +DQGOH\ ORVW WR -DFNVRQ WRR DV WKH $JJLHV UHDFKHG WKH VWDWH ILQDOV $Q\WKLQJ FDQ KDSSHQ LQ VHDVRQ RSHQHUV DQG PDQ\ WLPHV GRHV :LWK PRUH WKDQ \HDUV RI VHDVRQ RSHQHUV WR SLFN IURP OHW PH VKDUH ZLWK \RX D IHZ RI WKH PRUH PHPR UDEOH , UHPHPEHU

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´:HOFRPH WR KLJK VFKRRO IRRW EDOO FX] µ $OWKRXJK , SOD\HG IXOOEDFN DQG WDLOEDFN DW 3LNH &RXQW\ DV D MXQLRU DQG VHQLRU , QHYHU JRW KLW WKDW KDUG DJDLQ ² WKDQNIXOO\ 7KDW KLW , NQRZ QRZ PDGH PH D VSRUWV ZULWHU 6LQFH WKDW QLJKW LQ · , KDYH KDG WKH FKDQFH WR VHH VRPH ZLOG WKLQJV KDSSHQ DW D )ULGD\ QLJKW VHDVRQ RSHQHU

7KH VWUDQJHVW FDPH LQ ODWH V DW 5HKREHWK +LJK 6FKRRO WKHQ D UXUDO $ VFKRRO LQ VRXWK +RXVWRQ &RXQW\ 7KH 5HEHOV RSHQHG WKH VHDVRQ ZLWK *HQHYD &RXQW\ ULYDO 6ORFRPE RQ D YHU\ KRW DQG DQG KXPLG QLJKW ZLWK WKH WHPSHUDWXUH VWLOO KRYHULQJ QHDU DW NLFNRII 7KH JDPH ZDV XJO\ D ORW RI SHQDOWLHV PLV WDNHV DQG PLVVHG WDFNOHV DV 5HKREHWK ZRQ :KDW KDSSHQHG RXWVLGH WKH VWDGLXP LV ZKDW PDNHV WKLV JDPH VR PHPRUDEOH KRZHYHU +RXVWRQ &RXQW\ LV WKH VHOI SURIHVVHG ´3HDQXW &DSLWDO RI WKH :RUOGµ DQG RQ WKLV QLJKW D IDUPHU ZDV EXV\ GLJJLQJ KLV SHDQXWV

7KH 'XVW %RZO :DV 7KH 6WUDQJHVW

)ULGD\ QLJKW OLIH


RXWVLGH WKH VWDGLXP VRPH \DUGV IURP WKH HQG ]RQH +H ZDV REOLYLRXV WR WKH IDFW WKDW IRRWEDOO ZDV JRLQJ RQ QHDUE\ 7KH VXQ·V KHDW ZDV VWLOO ERLOLQJ GRZQ RQ WKH FDSDFLW\ FURZG ZKHQ WKH UHG GXVW IURP WKH QHDUE\ SHD QXW ILHOG EHJDQ PDNLQJ LWV ZD\ LQWR WKH VWDGLXP %\ WKH WLPH WKH ILUVW TXDUWHU ZDV GRQH WKH IDUPHU KDG VPRWKHUHG WKH FURZG ZLWK D GXVW VWRUP WKDW GUHQFKHG DOO WKH SUHWW\ JLUOV· QHZ RXWILWV DQG GLV UXSWHG YLVLELOLW\ EHWWHU WKDQ D 0R ELOH %D\ IRJ )LQDOO\ UXPRU KDV LW WKDW 5HKREHWK DVVLVWDQW SULQFLSDO %LOO $QGUHZV QRZ GHFHDVHG FKDVHG GRZQ WKH IDUPHU DW WKH HQG RI D ORQJ URZ DQG PDGH D GHDO ZLWK KLP WKDW LI KH G FXW RII KLV -RKQ 'HHUH IRU WKH UHVW RI WKH QLJKW $Q GUHZV ZRXOG FRPH EDFN RQ 6DWXU GD\ PRUQLQJ DQG KHOS WKH IDUPHU ILQLVK KLV ZRUN 7KH IDUPHU DJUHHG FDPH LQWR WKH VWDGLXP DW KDOIWLPH LQ KLV RYHUDOOV WR HQMR\ D IUHH &RNH DQG KRWGRJ DQG $Q GUHZV ZDV WUXH WR KLV ZRUG ,Q IDFW DV WKH VWRU\ JRHV $QGUHZV VKRZHG XS ZLWK KDOI WKH 5HEHOV ERRVWHU FOXE WKH QH[W GD\ WR JHW WKH MRE GRQH 5HJDUGOHVV RI ZKHWKHU WKDW V DFWXDOO\ KRZ LW KDSSHQHG , FDQ WHOO \RX , KDYH QHYHU VHHQ D PRUH JUXQJ\ FURZG LQ P\ OLIH 0\ ILUVW VHDVRQ DV %LUPLQJKDP 1HZV SUHS VSRUWV HGLWRU WDXJKW PH WZR YDOXDEOH OHVVRQV DQG LQ WURGXFHG PH WR WZR +DOO RI )DPH FRDFKHV 7KH VHDVRQ RSHQHG WKDW \HDU RQ 7KXUVGD\ $XJ DQG , FRYHUHG QHZ *DUGHQGDOH FRDFK $ODQ 3ULGPRUH·V GHEXW DJDLQVW KLV IRUPHU FRDFK %LOO 6SDUNV DW 0LG ILHOG 2Q WKLV QLJKW WKH 5RFNHWV ZHUH WRR PXFK WR KDQGOH IRU IX WXUH +DOO RI )DPHU 6SDUNV· VPDOOHU 3DWULRWV 3ULGPRUH UDQ DOO WKH SOD\V KLV PHQWRU KDG WDXJKW KLP )ULGD\ QLJKW OLIH

WR SHUIHFWLRQ DQG VHW WKH VWDJH IRU D VHDVRQ $IWHU WKH JDPH ZDV RYHU &RDFK 6SDUNV PHW KLV VWXGHQW TXLFNO\ DQG VKRRN KLV KDQG +H WKHQ KXJJHG KLP FORVH DQG WROG KLP KRZ SURXG KH ZDV RI KLP +H WKHQ WXUQHG WR PH DQG VDLG ´$ODQ·V WHDP ZKLSSHG XV JRRG ² MXVW OLNH , WDXJKW KLP µ $QG &RDFK 3ULGPRUH VWRRG WKHUH ZLWK WHDUV LQ KLV H\HV ORYLQJ KLV FRDFK HYHQ PRUH WKDQ KH WKRXJKW ZDV SRVVL EOH 7KH QH[W QLJKW , VDZ : $ %HUU\ +LJK 6FKRRO FRDFKHG E\ %RE )LQOH\ WDNH RQ D SRZHUIXO WHDP IURP -HVV /DQLHU 7KH /DQLHU EDFNILHOG KDG D SRXQG IXOO EDFN DQG KDOIEDFNV RYHU SRXQGV 7KHLU OLQH ZDV PXFK ELJ JHU %HUU\ ZDV VPDOOHU DQG , WKRXJKW WR P\VHOI WKDW &RDFK )LQOH\·V ER\V ZHUH LQ IRU D YHU\ ORQJ QLJKW +H WROG PH RWKHUZLVH ´:H·OO ZLQ EHFDXVH LW LV VR KRW µ KH VDLG LQ D ZKLVSHU EHIRUH WKH JDPH ´2XU ER\V KDYH ZRUNHG H[WUD KDUG WR EH LQ VKDSH , WKLQN WKDW ZLOO EH WKH GLIIHUHQFH µ :KHQ WKH KRW QLJKW KDG HQGHG %HUU\ ZRQ WKH JDPH HDVLO\ DV PDQ\ RI WKH VWDUWLQJ /DQLHU SOD\ HUV ZHUH EHLQJ WUHDWHG RQ WKH VLGH OLQHV IRU OHJ FUDPSV , OHDUQHG WKDW QLJKW WKDW QR RQH SDLG PRUH DWWHQWLRQ WR GHWDLO WKDW %RE )LQOH\ $QG , ZRXOG QHYHU GRXEW WKLV +DOO RI )DPH FRDFK·V DELOLW\ WR EHDW DQ\RQH HYHU DJDLQ

&ROHPDQ 'HEXW 2QH 7R 5HPHPEHU $QG WKHUH ZDV WKH IRRWEDOO VHDVRQ ZKHQ ORQJ WLPH VPDOO VFKRRO EDVNHWEDOO SRZHU 3OHDVDQW +RPH RSHQHG LWV ILUVW HYHU IRRW EDOO VHDVRQ DJDLQVW /\PDQ :DUG $XWKRU &ROHPDQ ZKR ZRXOG KHOS WKH %XOOGRJV ZLQ WKH &ODVV $

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·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·V VHD VRQ RSHQHUV EULQJ" , GRQ·W NQRZ EXW , FHUWDLQO\ SODQ WR EH WKHUH DW RQH RI WKHP :KDW EHWWHU ELUWKGD\ SUHVHQW FRXOG DQ ROG VSRUWV ZULWHU DVN IRU

5RQ ,QJUDP LV QRZ 'LUHFWRU RI &RPPXQLFDWLRQV IRU WKH $ODEDPD +LJK 6FKRRO $WKOHWLF $VVRFLDWLRQ D SRVW KH KDV KHOG VLQFH


)ULGD\ QLJKW OLIH


)ULGD\ QLJKW OLIH




Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.