Biggest short opportunity, page-12

There is definitely some truth to that statement but what exactly has declined with these three businesses? And by how much? Your lack of actual data suggests it's just a broad statement or you're not invested in the answer. Post the declines here so we can chat more about it (I'm open)! Most importantly, and back to your flawed statement, volume of shipments does not equal WTC transactions. We've seen this through the Panama canal fiasco and Covid. With regards to shipments it is best understood through the complexity of each shipment. I also have something in my head about how much each organisation has embedded cargowise, I thought there was a few of the big customers who weren't fully integrated? That would change things too. A complex topic.

R1