The Risks of Microsoft Price to Perfection

Investors stuck with Arc during losses in 2021 and 2022 this year however you're seeing outflows even as you're rebounding. So we are asset retention has been spectacular I think everyone would agree with that. But if what are the risks with Microsoft again price to perfection right everybody knows this is a play. What what could go wrong? Well there are political forces at work that are focused on data privacy and in Europe GPT are the privacy standards there are much tougher. Anyone doing business from the US into Europe is going to have to abide by them. That could throw a wrench into some of these big mega cat plays because they're the targets. Right although we haven't seen investors react