It's actually taking the stuff that works really, really well

and reinventing that.

And don't get me wrong.

I'm not suggesting that you don't fix operational issues.

I think you do need to fix operational issues.

Otherwise, you'll lose clients.

But I would say do not confuse fixing operational issues with disruption because those two things are very, very different.

It's the individual behind it.

What's going on out there?

Yeah, so there's not one area within the ecosystem that doesn't have problems today, right? If you take a look at the data, the last three years, emerging managers have raised 36% less than expectations.

That's really bad.

You take a look at venture capital last year, the data shows that 83% of all venture capital dollars raised last year went to five managers in this country.

That's not a good situation, especially when you look at the prior year was 67%.

So we've got an issue across the entire finance life cycle.

And there's a bunch of things here that we need to do.

Canada and Canadians may not appreciate this as actually one of the world's best pools of capital.