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Is the Range of Outcomes Getting Wider?
We are in an unprecedented investment climate where everything on a revenue multiples, earnings multiples, unprecedented hies. Any asset you could invest in, be it stocks or farms or crypto, is forcing you to make predictions. Valuation is the key piece, and this is the piece that we get every day as public investors. And valuations, expensive valuations, force predictions. So we are seeing, ok, what is the prediction of the company, and what is the Prediction the market is forcing us into? And ill be comfortable with that.