Bailey Lipschitz

pretty much nonstop up and to the right, whether that was retail, whether that was momentum, or just hedge funds trying to juice their books, we've seen them pull back pretty markedly.

Obviously, Bitcoin has been quite volatile, trying to recoup some of those losses.

But if you're really a kind of macro investor, or running a book broadly from the equity side, we're in December.

So if you're up quite a bit, maybe take some gains off the table and maybe diversify into something like a healthcare, which could be positioned to benefit or at least continue growing if there are concerns around AI.

Long term, we think investing these accounts in the S&P 500 is a very good way to compound over time for these children.

When I look at what's going on today in the enormous build out in AI, what I see is a lot more demand.

I think I've done enough.

When they talk about the first phase, they're talking about 300 megawatts.

But at Pisin, the officials I've spoken to have said that it could reach up to three gigawatts, which is, I mean, it would take about a decade to get there.