Have you like done a lot of like introspection on why this one way dynamic is in terms of like the dollar or anything else?

Yeah, I mean, I think that it's basically once you let that genie out of the bottle, which effectively that the Treasury and the Fed kind of did in 2008.

It's very hard to put it back in because if you once the government backstops the economy once with, you know, the whole too big to fail thing.

let's say a covid comes around and the government says all right that was a one-off we're just gonna we're not doing that again right then you aren't just taking the covid medicine markets wise you're taking the covid medicine plus the global financial crisis medicine that never got taken and uh the you know the stock market goes straight back down to the 2008 lows of 666. um Like no politician or elected official or regulator or central banker has the stomach or the mandate or the balls to do that.

Right.

They just it's like it's too much.

It's too catastrophic.

So can you talk about, I mean, first of all, maybe you can talk about hype as well, but why hype? Do you think that cashflow generating assets will do better? Like fundamentals matter? Or like, can you just like talk about your thought process of like finally buying hype at 12?