jack: i see say peaky, he says frothy. tell me about volatility.entioned that the vix is rising kind of in tandem with the stock market. what do you think that means? >> i think it means people are a little bit afraid of some different things, the election might be one of them. another pick-up in covid cases would be another. and there's always these things that come out. and so it makes a little bit of sense that the vix would still be high. but we have to look back at one of the best periods ever for the market was from 1996-2000, and the vix pretty much remained above 20 almost the entire time as we went into a bubble. i'm not saying that we're there yet or that we're going there, but it's something to pay attention to. jack: let me go to al and electric cars. you wrote recently that the market value for the electric vehicle universe has also caught up with the market value for the entire traditional vehicle universe, which is shocking when we consider that electric vehicles are still about 2% of the market. now, if i look at the tesla's stock,