The other crutch excuse I hear is, well, I don't know how to value it because it's not a bond with an income stream or a stock with a profitability stream. That is either just ignorance or intellectual laziness about valuation methods. What you're really saying there when you say something like that is that the only way you can think of to do a valuation is through a discounted cash flow analysis. It's not a good excuse for not using another kind of asset class.