I think equities are just a good investment in general as far as the vehicle of investment and people should be in it well unless you need the money sometime in the next three or four years then I'm very confident saying that equities are the right place to be. Daniel: You know why I start talking about moats and intrinsic value and margin of safety if you're trying to get over the fear of just owning equities whose price can fluctuate so your dad said you're making my point because you don't actually know that I did thisBecause he was really nervous about buying some shares  Daniel: It's like buying an experience and for me buying an experience was worth about 300