well, it's michael leslie. oh, good. they did. what look good nato did embrace the legal breakup of yugoslavia, the destruction of libya, and it's a defensive alliance. okay, this is nonsense, charles. let me go to you. there's a way out here and i think there's the, that the problem is, is that nato, it doesn't want to see a win win one has to win and must one. the other one must lose. that's their approach to this. ok. but charles, we have the example um, austrian neutrality. we had the example of finland ization of finland. i mean, these are not new ideas. charles and everybody could win. why don't not? they can't, can't they even conceive of this? because is that a cult appeasement? it's munich all over again. why are they stuck in this mind? said, go ahead charles. i live on the, i looted to this. hopefully, the fact that behind the scenes negotiation to taking place it, a lot of this is in public, which as we've discussed is one of the main problems here because it encourages brinkman's ship and also means that people tend t

well, it's michael leslie. oh, good. they did. what look good nato did embrace the legal breakup of yugoslavia, the destruction of libya, and it's a defensive alliance. okay, this is nonsense, charles. let me go to you. there's a way out here and i think there's the, that the problem is, is that nato, it doesn't want to see a win win one has to win and must one. the other one must lose. that's their approach to this. ok. but charles, we have the example um, austrian neutrality. we had the example of finland ization of finland. i mean that these are not new ideas. charles and everybody could win. why don't not? they can't, can't they even conceive of this? because his ada called appeasement. it's munich all over again. why are they stuck in this mind? said, go ahead charles on it on i looted to this. hopefully, the fact that behind the scenes negotiation to taking place it, a lot of this is in public, which as we've discussed is one of the main problems here because it encourages brinkman's ship. and also means that people tend to

leslie, what's his big bet this year? >> it's a good question, so he told us he likes a couple names, capri holdings is one. owner of michaeland versace and believes it is under valued and he likes energy companies as well and is a big fan of a couple others that i'm trying to remember what is on the record and what is off the record in terms of what i can share with you but capri holdings was a big one. paramount resources is the canadian energy company he likes as well. and he also said he is dabbling into some spac names and he will later potentially disclose as well given the recent sell off there. >> i'm also curious, leslie, what his track record had been prior to gamestop or what his record would have been in 2021 ex-gamestop. >> gamestop represented 50% of their returns. what's interesting is they like to take more value-oriented stakes their best performance has come out of big bubble burst. so they had been the best performing hedge fund back in 2003 following the dot com bubble bursting and did it again in 2009 following the financial cro they have this pattern coming on the other side of bubbles bursting, one co