Ryan Petersen

No one else does.

So people are willing to pay a real premium if you're especially in aviation.

If your line is down or your plane's not flying, we have a whole branch of logistics called Aircraft on Ground Logistics, AOG, Aircraft on Ground.

People will pay any price.

I once...

This is not what Flexport does, but I know this guy's a billionaire and his plane, his G650 Gulfstream private jet broke down in Antarctica or in Southern Chile, like right next to Antarctica.

Somebody crashed like a tractor into the wing.

And he called me and said, can you get me a – I have the wing.

I need to fly it to Chile.

I will pay any price.

And then this guy told us like 10 times, like, if there's a way to pay more to get this there faster, we will do it.

And so being the guy with all the parts –

Yeah.

And the inventory, I mean, inventory should be not that expensive to keep around, but it depends if it's perishable.

Like the COVID, it was a great example.

Like people, the hospitals didn't have enough inventories all run just in time, which is just a ridiculous way to run a.

healthcare network just in time because in a crisis you better have some inventory but the problem i think becomes that these the ppe the mass and stuff has a shelf life and expiration so you can't just build a warehouse totally full of stuff and let it sit there you only need to pull it out in 20 years yeah it won't work so it's a hard problem similar with like military like how much artillery do you want to just produce and just have sitting around just in case there's a war but like you want some when there's a war you know you don't want to start your production then you

So many.

I don't know if, you know, hopefully he publishes more books at some point.

He's written a lot of stuff that he keeps offline.