There's a lot of evidence that shows, you know, active management, net of fees, doesn't out perform, but some do. And look, if you take more risk over the long run, you might out performs, but it's probably because you're taking more risk. There's also an element here which there's some investments that are, that are open to retail investors and non-institutionally managed funds. If you can get into some of those opportunities that your average person can't, then there might be opportunity there.

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