Both parties are going to come to a much better agreement where the two systems come together, where they meet in the middle.

Yeah, I'll be the brash one.

Lose the ego.

Just simply put, lose the ego.

You may be the world's greatest expert in that thing, that tech, that protocol, whatever the hell it is.

Drop your ego.

And if you're on the engineering side, you may be able to engineer anything in the world with your, you know, just with your mind in your two hands.

It's not what your career can be, but it might get you started.

Yep.

You may be the world's greatest expert in that thing, that tech, that protocol, whatever the hell it is, drop your ego.

Um, and if you're on the engineering side, you may be able to engineer a- a- anything in the world with your, you know, just with your mind and your two hands.

Yes, you're really smart, but drop your ego.

Um, we've all got a lot to learn in these environments.

You can't possibly know everything about all the things.

Let's just be real.

Exactly.

Mm

... uh, MVA.

So, uh, and a lot of times they would even generate facilities to be 74.5 so they could get right under the threshold, um, but that's changing.

We're taking that threshold down.

It's gonna go down to 20 MVA.

And connected to actual distribution environment.

So that's-- the threshold's getting lower because a lot of those smaller generators have actually had an impact.

Hmm

Wow, that's incredible.

Which is cool.

Yeah.

I honestly don't even really think about it, uh, and my dad reminded me a couple weeks ago, and I'm like, "Oh, yeah, that's right," [laughs] "this awful thing." Um, so anyway, so after I got better, worked in San Francisco at a restaurant called Rubicon, uh, now closed of course.

Uh, worked at another restaurant called Globe, now closed of course.

Um, and then moved to the East Coast, uh, with Claire, my partner, and we worked on a organic vegetable farm in upstate New York, uh, for a season in 2009.

And then in November, uh, 2009, moved here.

And we spoke a little bit about the first, uh, product that you made, but I'm wondering if you could speak to some of the more recent offerings or maybe if there's even a specific drink that you think really kind of encapsulates what's special about the brand.

[laughs] [rock music]

But yeah, Xrd, and we alluded this earlier, Xrd was a...

It was, it was kind of a little bit of a resetting of the power levels of the cast, so it got closer to XX in terms of what was expected from each character in terms of move set.

Uh, the...

You know, as with every other fighting game in that period, it had a, an input buffer, so you didn't have to be perfectly, you know, timing every single input to get what you wanted for most of the time.

There are some...

There are different input buffers on different moves, so sometimes you still have to do some really hard stuff, but it was generally more forgiving than, uh, the XX series was.

[laughs]

Yeah.

Uh, and so, uh, it was like, "Well, we can't go down that road," right? So, uh, unlike the Jamesons and the Powers and, uh, the Walkers, uh, it was like, "Okay, your name's taken.

Sorry." So it was like, okay, well, one thing when we're looking at Irish and, and Scottish whiskeys, 'cause they're really akin to, to one another, uh, this thing that we saw that runs through, uh, the naming, especially on the Scotch whiskey side that are not people's names, [lips smack] uh, is like a Glenfiddich, Valley of the Deer, right? And it has a sense of place based on where they're located, uh, in Scotland.

Glenlivet is, uh, a valley of rivers, right, river valley.

Uh, and we wanted to have a name that represented somewhere, uh, that is American.

We really wanted this to be defined as an American single pot still, not a recreation of, uh, a- an Irish, uh, style necessarily, but have its own sense of place.

And so Talnuah is derived for, from the Irish f- of Taluv Nua, which is new land or new world.

Right?

Why is that?

We are bullish on a handful of new and emerging managers, some not necessarily emerging, but smaller managers.

Um, our venture capital strategy is building a barbell approach.

As you would imagine, JP Morgan has very longstanding relationships with tier one venture firms that we all know of.

These firms have tremendous resources and capabilities.

They have long track record of backing some of the most prominent companies in the world, whether it's a Meta, Uber, Stripe, Databricks, Scale AI, which was recently in the news, um, at the various- very earliest stage.

Um, again, they have deep teams, they have a playbook that continues to work and experience, um, that generates that pattern recognition needed to continue to get access to great companies.

Plus 500, it's trading with a plus.