We're not going to alienate anyone; everyone is welcome.

We want our Latinos to participate and educate themselves. We will have Spanish speakers present and won't be excluding them.

The message is, 'You're not welcome here -- you have to go there,'

not entirely expected but welcome nonetheless.

We do not want market timers. They're not welcome here at all. I want to make that clear that we do not want market timers at Vanguard Group.

You can't alienate those core readers.