Hey, everyone. I'm Dylan Dreyer, co-host of the third hour of today and mom to three wild boys.

I've learned a lot in my years as a parent, mostly that I don't have it all figured out yet.

And I'm not the only one. This is my new podcast, the parent chat. Each week I sit down with someone new for honest conversation and real world advice about parenting.

I am over here just like winging it hey i'm

just trying not to screw my own kids up i'm not giving you advice on how i'm not to screw yourself

search the parent chat on youtube and wherever you get your podcasts hi everyone i'm frenzine

and i'm really hope you're enjoying the show Leaders with Francine Lacquette, the podcast.

Now, please share the information where you find the podcast, and the ones you enjoy, send it to your friends.

Leave reviews. It really helps other people discover the podcast. Here's a preview of the conversation we have coming up next week with John Gray, number two at Blackstone.

You're known as the Hilton deal guy, right?

20 years ago you take this massive bet on Hilton. You pay 26 billion for it at Blackstone

with 20 billion debt. What were you thinking? I wasn't as wise back then. I guess at the time,

if you go back, this is right before the financial crisis. And I was

running our real estate business. And what we were looking for was how could we buy great real

estate or operating businesses at reasonable prices? And there were so much debt in the market

fueling private real estate values

that we found we could buy the public companies at better prices. So we ended up paying a big

premium 30 plus percent over where the company was trading. And we committed in July of 07.

We closed in late October. By early 08, things are going badly. The financial crisis really picks up. And the company has a 20% decline in revenue and a 40% decline in cash flow. And we put a lot of debt on it. And I would say at that moment, it did feel like it

was career shortening and that I shouldn't be sitting here today. Did you think what have I done?

Or did you think we'll get through it? I think there was part of me that was what have I done.

But there was also part of me that was this is a great business. We still thought that travel

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