Good point. I think it's a lot to do with benchmarks being other funds. Many investors still thinking that S&P 500 index investing implies some degree of asset safety as it delivers the return of the index more reliably than many active managers. But now the tech is there and we've had it clearly demonstrated that traditional asset allocation methods were imperfect to a much greater degree than we already supposed it clear that risk-based allocation should be where we are at. We think about the market, not from a nominal basis but from a putative risk or return per unit of risk. Simplifies things a lot and leads us much more toward real assets than we would otherwise be.