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Is This a Debate or a Transition Period?
The idea of a mutual is s prehensive. It really is. Ye. Well, let's tavan do investing, which is what i think most people will be very interested to hear. Both your perspective on obviousy, the the major debate or question. We hear it in every single meeting with advisers, with clients, with institutions, is this act of passive debate? What i'm most interested in is not so much who's right, because i think the answer is, obviously, we need both. The more interesting question is, what does an equilibrium look like? What is the transition from now until that int look like? And how a firm like vanguard, who,