So

so is that, is that really all it was, like people just sort of woke up and and thought, well, this is an unexploited inefficiency that we can use to make money. And then it is that how you're doing it day to day? You're kind of looking at this stuff and applying your experience and your reed on situations to make, uh, you know, discreet investments? Or is it more of a negative art, in that you're seeing the the dark arts, as you call them, you know, applied in a nefarious way, and using that to kill potential investments that the team might otherwise be considering? I

mean, i would say, like, learning the stuff for me was very organic. It wasn't like trying to create some grand conspiracy theory about what's going on. Often times they'd be like a private conversation with like, some, like eliot on some name, some situation, and it'll be like, hey, this, this is happening, or, this blew up, or, this is taking off. And, you know, i'll flip through, like the form ars or proxy, and hers like, oh, that makes sense because of, you know, x y z or they, you know, did these, you know, grants, like, ahead of, you know, this sort of change. Or like, it looks like the entire industry is clustering, um, in terms like making amendments to to the governments, which might indicate there's some inflective behavior going on, right? And, and i i thought of it as kind of, like, just normal stuff. But i think, you know, when when you're talking to other investors that don't spend time in there, there, you know, they'll be like, excuse me, wait, what? Can you kind of take a few steps back? And that turns into a, oh, i need to like, probably frame this in a way that's understandable to other folks, versus like, just a, oh, yeah, that makes sense because i've seen it, you know, multiple times, right? Like, ah, you rotate that in the committee and and, of course, that happens. But, you know, everyone goes, well, what do you mean? Of course. And then, you you kind of go through, um, these different elements. So, i mean, the reason i, i even launched the premium or even the news letter, was primarily, i liked the topic of governments in general. I think it's really interesting. But, um, you know, for me, my north star was just like evangelizing good governments. I know that sounds a little bit silly. It was less about making money and more about, i just want to be kind of sharing, hey, here's how things, uh, are are happening in the market place. Ace. And i don't know, um, you know, if if it's going to be like that, but i think talking about it and kind of shining a light on it tends to be an interesting disinfectant in the market place. And, oh, by the way, just to reinforce my point, um, you know, the best way to teach someone like bad behaviors and why it's bad is, is to highlight how he ople make money doing this stuff. Which, i mean, it's a double at short, right? Show people how to make money doing this stuff, maybe you're encouraging more bad behavior. But i think for me, netta was, hey, the stuff is happening. Here's how people kind of, you know, benefit from it. And just by showing it as a, um, you know, phenomenon in real time, then it's like, yeah, it could be an investment strategy. I think we, at least i've certainly have benefited in my pa in the past. Um, you know, identifying these situations and, you know, deploying risk adjusted bets on them. But, um, you know, it's, it's been an interesting sort of, uh, journey as far as trying to, you know, and how i look at you the investment world.

Yeah.