MELI belongs in the high-growth, high-risk segment, effectively a bet on higher growth; if its growth stabilizes and profits disappear, everything could look very ugly someday. It may become the Amazon of South America, or it may not.

So, everyone, including Mercado Libre, which we discussed, is practically all heading in the same direction, which is something worth thinking about.

Mercado Libre, you can check out this quarter's update in my latest video. I'll put it on a card here.

Therefore, I will put "C" here as "Mercado Libre" in that high- growth, high- risk segment of our current situation. Perhaps it would be better to put it in the bets, because we are betting on higher growth.

The problem is that when growth stabilizes and profits disappear, everything looks very ugly, and this may affect Mercado Libre someday. They may become the Amazon of South America, they may not.