This is current yield grants interest rate observer of the air, and I am Jim Grant, and with me as always is Eric Whitehead, our engineer, and Evan Lorenz, the great deputy editor of grants.

Today, we have not just ourselves, but we also have one of the co-portfolio manager, I think there are two of you, Charles L. Norton, who comes to us via telephone from, I think, Dallas, Charles, is that?

That's right.

That's right.

So welcome.

Thank you.

And what Charles does for a living is to buy stocks that are simply uninvestable, according to the dogmas of ESG and SRI.

ESG means whatever.

It means ever so good or something.

Environmental, social, and governance. And RSI is the, it's like, good or something. Environmental, social, and governance.

Ah, and RSI is the, it's like, or SRI, you say it like Sri Lanka, except what it means

is socially responsible investing.

And I'm not going to speak for Charles Norton.

I suspect that he is an upstanding citizen.

I suspect strongly that he has no greater urge to pollute the earth than the average mortal on Wall Streeter.

And I suspect that he is in favor of good citizenship and also good governance.

Are those conjectures correct, Charles?

Absolutely. Absolutely.

But nonetheless, Charles is the co-portfolium manager of a fund that used to be called Vice, but in an upgrade, an area addition, and also a slight tweak in marketing, it's now called something else. It's called, well, the Vidium Global Fund.

So Vidium is, what's that mean? It's Latin for Vice.

That's a nominative case, is it?

Well, you know.

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