Is there headwinds fundamentally for some of these great businesses as well?

Well, that's a great question because we're sort of talking about the foundation or the underlying tide.

And we had 40 years of a rising tide.

And we don't know if it's going way out, but it's not coming up anymore.

And so we have to keep that in mind and focus on the price that we pay.

And then what else do we layer into that thinking? And this year, the software stocks have been hit very hard.

Because there's this worry that they're going to face competition from artificial intelligence.

And how do bonds fit into your current outlook? You know, everybody's different.