Is that where they should focus, or for you as an investor, are they missing a much broader picture? What's your view here?

Yeah, first of all, the Cundill Canadian Security Fund is a unique product.

It is a Canadian-focused fund, and it's anchor in Canada, but we have the flexibility of investing up to 49.9% of the fund outside of Canada.

So if we find value ideas in these Canadian areas, uh, and there are a lot of leaders in Canadian market, you know, you name some of them, the banks are leaders, global leaders, energy companies, they are global leaders, you know, gold stocks, global leaders.

But outside of those areas, we don't find enough interesting, diverse ideas.

We find them outside of Canada in the global arena.

So back to your question, banks in Canada, you know, they are in the Cundill Canadian Security Fund, and banks in Canada have been well run.

What are you seeing outside of Canada?