Jeff Wang

But I think when you take them all together, I think clearly something was a little off. And so, again, that's why I think it's important to regularly underwrite these investments each quarter and have a discussion with the full investment team.

But I think when you take them all together, I think clearly something was a little off. And so, again, that's why I think it's important to regularly underwrite these investments each quarter and have a discussion with the full investment team.

But I think when you take them all together, I think clearly something was a little off. And so, again, that's why I think it's important to regularly underwrite these investments each quarter and have a discussion with the full investment team.

And so, again, I think that's where one of the ones where the devil's advocate point of view actually was really helpful to get a fresh dispassionate perspective.

And so, again, I think that's where one of the ones where the devil's advocate point of view actually was really helpful to get a fresh dispassionate perspective.

And so, again, I think that's where one of the ones where the devil's advocate point of view actually was really helpful to get a fresh dispassionate perspective.

Oh, yeah.

Oh, yeah.

Oh, yeah.

I think it's really hard to do in practice. I think most people are fearful when other people are fearful and most people are greedy when other people are greedy. The best way to do it is just to be really long-term about it. This really long-term, let's not trade all the time. You know, there was that day, I think it was just last month where the Nikkei was down 12% in a day.

I think it's really hard to do in practice. I think most people are fearful when other people are fearful and most people are greedy when other people are greedy. The best way to do it is just to be really long-term about it. This really long-term, let's not trade all the time. You know, there was that day, I think it was just last month where the Nikkei was down 12% in a day.

I think it's really hard to do in practice. I think most people are fearful when other people are fearful and most people are greedy when other people are greedy. The best way to do it is just to be really long-term about it. This really long-term, let's not trade all the time. You know, there was that day, I think it was just last month where the Nikkei was down 12% in a day.

I mean, we just don't trade those days. Sit there, try to figure out what's going on, be long-term about it, and not overreact. I think it's hard in those moments, but it's also hard to act in those moments, right? What are you trying to do? You're just running around with your head cut off.

I mean, we just don't trade those days. Sit there, try to figure out what's going on, be long-term about it, and not overreact. I think it's hard in those moments, but it's also hard to act in those moments, right? What are you trying to do? You're just running around with your head cut off.

I mean, we just don't trade those days. Sit there, try to figure out what's going on, be long-term about it, and not overreact. I think it's hard in those moments, but it's also hard to act in those moments, right? What are you trying to do? You're just running around with your head cut off.

I think you'll be right there. I think you'll be right there, by the way.

I think you'll be right there. I think you'll be right there, by the way.

I think you'll be right there. I think you'll be right there, by the way.

Yeah.

Yeah.