a few reasons that people feel comfortable with equities. One is that there is a long historical record of them doing well. And it's not just, oh, in the US over the last 40 years, it's had a good return. There was a study by this group of economists. They wrote this book called "Triumph of the Optimists." And they did this huge study over 20 countries, over 100 years of history.

And they found over the 100 years, on average global equities beat inflation by 5%.