Software businesses have great gross margins I mean you spend all of your R&D creating the first instance of the product and they're there after every additional Instance. So these are super high margin businesses Once you achieve dominance in your category, there's a bunch of different modes You can create a platform. And so my point was simply that if interest rates are coming down there is room for these stocks Let me bring free Bergen free Bergen in the summers camp and some other people's camp They believe interest rates have to go higher despite the fact that inflation has plummeted.

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