00:07:12 · S1, Mike Wilson
[00:07:12] S1: To migrate from that quickly here, Mike Wilson, the wealth generation of this era, we don't really understand. No. [00:07:19] S0: I mean, it's funny. People are talking about these big numbers and shows on recently, you know, the size of these offerings. [00:07:25] S1: Okay. [00:07:25] S0: I go, well, what about the cost of these stadiums? You know, we're going back to sports again. You know, that's just inflation, Tom. So these numbers get bigger and bigger and bigger. A lot of the reason why the stock market has done so well since COVID is inflation. And we've written about this extensively, as you know. So we live in a nominal world. Okay. And you have to be honest, to be honest with yourself and say, am I really getting ahead of myself? I mean, are you getting ahead of the world with my investments or am I just sort of keeping up?