Why are they wrong?

Yeah, so, you know, we've heard the view.

People say, oh, you know, it was passive, it was more machine-quantrated, and the market will become more efficient.

So we actually completely disagree, and here's our logic.

I'd love to hear your thoughts and audience thoughts.

Now, if you go back to first principle thinking, you know, like when – When machines make a decision to buy or to sell, what do they base that decision on? It's based on data.

They need a lot of high-frequency, good-quality, short-term data to tell them to buy or to sell.

So how are you looking at that? Are you trying to stay away from companies that have that dependence on debt or leaning more towards the safer beds who have more cash flow and can sail through these times?