Today we talk about Bassett hounds and Greyhounds and make it very clear what our recent strategy change has been that has prompted us to move from all-cash to 80% invested. Outlined in the strategy section today are the stocks we have bought, the themes we have bought and why we have bought them. I also highlight three sector themes that have been significant beneficiaries from the pandemic that we have not bought but should have and may still do. The lists of those interesting stocks are in the newsletter today.