But equity, everyone should own equity. But not just blindly owning equity and not owning equity at any price, right? I don't understand how people are buying FAANG stocks at these prices. I mean, these companies are growing low single digits if they're growing at all. Apple's not even growing anymore. They just manufacture growth through buying back stock. That's not real growth. Their actual revenue growth is not high. Income growth is not high. So I don't know why people pay growth stock multiples for companies that aren't growing.

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