Lou Whiteman

And yeah, that business has been wiped out.

If I am not a professional user, I'm just going with a banana or whatever.

But I do think that the professional class that relies on Adobe, Adobe is applying AI to that.

And I do think that they can stay ahead of the wolves, at least for now.

I don't know if this is going to be a home run stock, but I do think the market has overreacted.

And I do think it can be a long-term market beater just on the strength of their products and their ability to serve customers that are

Really, the free stuff is going to have to get really, really good before professional users abandon Adobe.

As John pulled out, they are a cash flow generating machine.

I think you can win that way over time, too.

Again, I don't see this as being a slam dunk, but I do think that whatever that bogey is, 7% market average a year, I do think over time, they can outperform the market.

I am a longtime holder who has not sold or added to the Trade Desk.

I think it is a market beater from here, but similar to Adobe, I don't think we're getting back to where it was before.

I think I was wrong.

I saw this huge opportunity and I saw them just capitalizing on it.

I didn't factor in the fact that, yes, Amazon and a lot of other people were going to come into this market opportunity too.

I think the Trade Desk has great products.

I think the products are getting better every day.

I think they can hold share and slowly grow share.

I do think that it is value here, but I just think that they're going to be elbowing with other deep-pocketed competition, so it's not going to be as gaga, as easy, as just to the moon as we once thought it was.

Yeah, I think that's it exactly.