I think stagflation is a meaningful risk right now and it's probably a risk that's underpriced in the markets. Do I regret having put myself in positions where I didn't have fiduciary responsibility but did provide some advice? And there were drifters and grifters in the early stages of innovation. Government has made more errors of being too slow to regulate than it has of being too rapid to regulate. A substantial fraction of what people have been excited about will shake out.