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Episode Info: Darrin: [00:00:09] What do you see is the BIGGEST RISK? [00:00:11][2.5] Shoshana: [00:00:13] So I mean I think we've we've touched on it throughout this whole conversation. I think that 2008 for people is a very very large. I think that, we're in this phase where it cannot get all the numbers like this sort of KPI of our economy are looking pretty positive right. [00:00:33][20.4] Shoshana: [00:00:35] And we know from lots of prior experience again, pick on our age again, sorry about that. That everything cyclical. And you know there's a new administration or there's not a new administration or there is a world event or there's changes in the job market. Unemployment, interest rates, etc. All of these factors have, we know from experience, have the ability to create pretty seismic shifts in investment markets across the board. We know this. And so, although there's a book called Irrational Exuberance that we're in this phase, where although we want to feel really excited about how everything looks right now. There is an American reality which is we are where we're always waiting for the other shoe to drop. And that's because for many of us we've seen the other shoe drop and we've paid that price. Myself I would I've been in the Internet space since 1997. I survived three bubbles and bursts in that time you know. Two thousand after 9/11 2008. And you know who. I don't think anybody would ever bet that it's not going to happen again no matter how good things look. So I think that risk is something that is inherent in this business. I think if you come from a variety of different places I think that what we need to do as a we call ourselves a direct to investor platform. So we're not a JP Morgan Chase or a sort of big institutional company that is not going to come across individual investors that we know and shake their hands and have a relationship with we can't afford to be that disconnected. So what we try to do, is and we've done this in the short time we've been around, is really like pull apart where risk sit. You know, what are people most worried about? And so I shared with you the data that we use I share with you the fact that we stay actively involved in the investment. I shared the fact that we have a thesis that says these are short term investments where volatility in the market is minimized. And we recently, about six months ago actually introduced a pretty revolutionary product where we actually provide equity protection on principles for certain ones of our investment. So it's a double layer of invest of a double layer of protection, excuse me. First layer is you as part of your investment a small piece of it goes into a retention fund like a social pool. And then when that's exhausted if an investment does not go well, which has not happened yet. Knock wood. Then the second layer, and you'll you know I'm sure that this will appeal to you as an insurance guy, is we have a reinsurance policy with one of the largest reinsurance compan...

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