Ruchir Sharma

That's what I'm trying to say.

So I totally agree with you that to be completely out of it, if you're a professional investor, it's very dangerous.

But if you have a three to five-year time horizon, and you're like, listen, I don't understand why SpaceX is trading at $2 trillion and all this other stuff, but I still have to make money, right?

Because in fixed income, you're getting close to zero.

In terms of real returns.

Yeah, like in the bond market.

I don't think it's zero.

Well, the inflation rate is 4%.

I mean, here in America.

And you have the, you know, depending what you buy, but anything up to five years is also 4%.

Yeah.

So it's close to zero.

Like, I still want to make some money, but I don't want to do it in a way where, because what do bubbles do?

Because bubbles can go up, and then, like, you can be down 80%, 90%.

Yeah.

So I wouldn't be surprised if three years from now, SpaceX is down 80%.

That's entirely feasible.

It's happened across the world.

Loads of time.

Yeah, loads of time.