On Friday afternoon at the Conservative Political Action Conference, Mitt Romney delivered his first major speech since losing the presidential election. He entered to a big standing ovation and gave a short speech that was well-received by the crowd. But it’s not clear why he felt compelled to make the speech.

“As someone who just lost the last election, I’m probably not the best person to chart the course for the next election,” Romney said, before advising that conservatives should listen to blue state Republican governors more.

Romney also spoke about the people he met on the campaign trail and described the greatness of America.

It could be seen as a just a nice gracious thank you to activists. But there also wasn’t much of message, which underscores a lot of the problems his own campaign ran into.

You can read his prepared remarks here.