Chmoth: The idea that over the last four or five years, you optimized for anything except the market, beta was kind of dumb. And i think that a lot of folks e were made to feel very silly or, you know, a downer or a wet blanket in these last few years. Chmoth: It's been an unbelievable brad to watch the changing attitudes and the entitlement in fun raising and private markets in the last 60 days.

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