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way the amount of stock is fixed, and there's no market in the value of the stock.

Do you have to keep recommitting a certain amount of money every few years?

Sure.

How does that work?

I don't know what the cycle is, but you get a notice that it's time to recommit. You take a deep gulp and say: “Well, I'll let them have a call on x millions of dollars.” And some of them, of course, have enormous equity available, and they participate handsomely. But most of the guys are not what you'd call wealthy; they're well-to-do by salary and not by having inherited large amounts of money.

Now there's one man from Saudi Arabia, who is enormously wealthy. Of course he's an oil owner in the Gulf area. But I don't think he has an enormous amount of money in AEA; I think it's a modest amount. But nobody knows. I expect the executive committee might know how much the individuals have in it, but all those records were kept by Carl Hess. He knew the whole story.

For example, I know I encouraged Carl to look at Thornton Bradshaw, who was a friend of mine from Atlantic Richfield and then he was moved into RCA. I thought that Brad was somebody who would enjoy the association and had some money that he could invest. Brad came in and was very happy and participated, but I never knew what Brad had in it. His widow didn't want to have to give up the stock, but, of course, she did, because that was a