Carol Massar

Right, right.

So do you feel like you have a better understanding of what would cause... Like Jamie Dimon said, we may not get another great financial crisis, but there will be a problem.

Like, do you feel like, you know, I think because everybody keeps saying, could we get this again?

Like...

Is it likely or do you get a better indication of what we should be watching out for in terms of what marks?

Is it leveraging?

Is it credit?

It's always leverage.

Well, it's funny, you know, the Joe Kennedy thing about like, when is it your shoeshine guy, right?

And I always think about before the GFC, being on a yoga retreat in Mexico, and everyone was talking about buying real estate.

And I thought, this is like, this is just weird.

Like those little snippets of things as an indicator that things are just exuberant, irrationally perhaps.

Is that fair?

Wait, wait, wait.

Are you talking about 2020?

What's your biggest takeaway from doing this?

My understanding is you wanted to do this because people used to ask you, you know, 1929 versus 2008.

But tell me, what did you get out of doing this?