The Cost of Yield Enhancement

Yield enhancement has kind of, if you will, and it's predominance. It's almost like we've sprinkled gasoline all over the Japanese igloo because the temperature's too high. Most investment businesses are in the business of owning assets, right? They've foregone liquidity in search of a return. I'm in theBusiness of Owning liabilities. So, I do that in highly convex form because I'm able to isolate and capture in the global volatility markets. Yeah. You pay a cost on your plus.