Ed Elson

And then the second...

for me is like, what are we actually investing in?

And for most young people, it's very heavy on the crypto and the meme stocks.

And there was this Bank of America study, survey, they found that the average young person has 30% of their portfolio in crypto.

That, to me, that's not healthy.

That's not a symbol or a signal that young people are doing well.

That's a signal that they're getting a little desperate and they're YOLOing into things where they might see perhaps a glimmer of outstanding returns.

But the phrase, young people are investing more than ever in the stock market, it makes you think that we're set, right?

And I feel like there are a lot of other indicators which we could get into, which I feel like are more symbolic of what's really going on.

And that is we're not set.

Yeah, that's a great point.

It's like the same with any other addiction.

Like, you know, you could be addicted to alcohol, you could be addicted to opiates.

And then you can also probably think these things are terrible and I wish they had never entered into my life.

I feel like the data that you're producing there is like, that's exactly the story that it's telling.

It's like, we're addicted to this stuff.

We know it's not good for us.

But we keep doing it because that is the nature of addictions, which, again, is really concerning to me.

Okay, we will be right back after a quick break.

Let's move on to our final question.