In valuation, i look at the same companies from the outside in. It's got to be much more passive, right? I've got to value palaton givin the people running palaton,. Not based on what i wish it were, unlike. In both these classes, i find myself looking for things that explain the cross section. How do increase the value of business? Just like human beings, companies go through a lifecycle. We describe the life cycle. Youhave a business idea, a brilliant idea, u start up. But let's say you make it. You're now a toddler company. Whet the toddler companies do? They fall, they get up. Sometimes