00:00There will be a cycle one day. I don't know when there's going to be a cycle. I don't know
00:03what confluence events will cause that cycle. My anxiety is high over it. I'm not assuraged by the fact that
00:10asset prices are high. In fact, I think that answers the risk, and that was on your chart, too.
00:15You feel stupid when everyone's coining money, and everyone's great, and everyone's talking about how wonderful things are going to
00:20be. You feel stupid. I feel the same way. It does feel really good. And then when I think about
00:25all the factors taking place, I like to take a deep breath and say, watch out.
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