The negative equity is a huge problem for central banks. How can it be a problem for central banks? Does it affect their daily operations? What difference does it make in carrying negative equity indefinitely? I will take a few. Yes. I have two questions. First of all, I think your acceptability rate is up to 0.2%. Is 2% the latest information target you have? And because you're still far from the 2% targets, can the negative equity plan continue to say that they will continue doing what they're doing until they reach 2%? I have a lot of questions. I have a lot of questions. First of all, just in terms of equity in the market, around 50 billion, what is the impact on equity in the applied market? Does the market care about that? Does the market look at that? Secondly, what do you think is going to happen to the underlying assets? And also online distribution, and what lessons do you think there are for Europe? Yes. Even though central banks fall into the negative equity, they can't open it, no problem. So this is really not a technical issue, it's political. How the public and media in a global world will look at this issue? First of all, in a contemporary world, no major central bank ever fall into the negative equity. So there are some emerging economic central banks which have a problem, but no major central bank in the world faces it. So in terms of operation-wide, they can continue. But probably at some point, if they have a negative equity for many years, I think at some point, governments have to intervene to central bank. Then there will be a problem. So the issue is, since all the central banks are independent, also we have a different accounting system, different disclosure system, different, you know, completely separate public enterprises. Then to begin with, that monetary policy hold me, but like me, when I was working there, I think we always, whenever we decide monetary easing, we always have to pay attention to the impact on the balance sheet in such a way that not to deteriorate the soundness of balance sheet. That is a basic idea. So each central bank, all central bank and politicians, they are looking at soundness to make sure that the balance sheet will not deteriorate because all central banks want to avoid the government intervention. So this is the whole idea. But the issue is, I think, related to the second question, then what is more important? Achieving 2% price stability or central bank balance sheet risk and side effect. I think ECB is very clear because you set price stability as the most important mandate. So even though there will be growing financial instability issue, the central bank cannot stop it just because of that. I think ECB policies are very clear. But otherwise, like the United States or Bank of England or Japan is not clear. So here is the issue. So to answer to the first question, yes, operational wise they can do it, but it's more political. Maybe they think that this is a deterioration of fiscal balance. It's like a complete monetization if they think it, but are they going to sell off the Japanese government bond? We don't know. Also, I don't know what public will think because usually deficit in the banking sector or negative equity in the banking sector is a bad thing. So we don't know what will happen. So to go back to the central bank duty, I think we are supposed to do the monetary easing. While maintaining soundness, this was an essential message. But if we continue unconventional monetary policy for too long, then this issue which we used to take it for granted we can no longer achieve two things. Then which is more important? This is, I think, we have to answer. It's not clear. And about 2% target, I know there is a household in Japan that has no support. It's counterintuitive, right? Who wants higher inflation? The corporate sector also finds it very difficult to raise their sales prices. So they are hoping to have a lower inflation target. But why we need to introduce 2%? I think it's very important for Japan to have reasonable nominal GDP growth because over these 15 years the GDP deflator was negative. And nominal GDP looks fine, but nominal GDP growth 0%. And how can you pay huge aging cost? Huge debt. I think we need certain reasonable nominal GDP growth so that the economy is more active and generates some energies. I think we need lowering to 1% is easy, but we shouldn't do it. And also in Japan labor shortage is getting serious. Now we have serious labor shortage. At this stage wages are not growing because a lot of this labor shortage is offset by housewife and elderlies who take part-time job and their wages are much lower. 60% of regular workers wages. That's why on average wage is not growing. But eventually we will face a very serious labor shortage I think in four years. So the wage will really start to pick up. Then it's possible that we achieve 2% from this wage dynamics. So at this moment I think BOJ have to accept it takes longer. I don't think BOJ should try to achieve 2% through Yen's depreciation because if the Yen is already already collected the overvalued I don't think central banks should depend on exchange rate. I mean small country it's understandable but big country like Japan is no longer depending on the export. I think we really have to admit it takes time and thinking about that time span then BOJ should think what kind of monetary policy they can do. My suggestion is that because it takes so many years to achieve 2% and the current level of 80 trillion is not sustainable. I think sometime this year or next year is going to be very difficult. If that is so here's two choices. One is that doing current level of massive monetary easing but the duration of doing that will be less. Or reduce degree of monetary accommodation a little bit now say from 80 to 60 gradually to 50 but instead they can do longer like easy decision in December. To me I think it's better to have a monetary accommodation a bit longer because it takes time for BOJ to achieve 2% and this is what I'm suggesting but it's very difficult. It depends on how they communicate. They are very successful in December when they decided to cut I mean they went back to the original level but the market reaction was not bad so the communication was very good but depending on how the market react we don't know what will happen. There's no how to say there's no consensus so maybe drug was lucky the market understood but we never know next time next year whether ECB will do successfully. Liquidity in Japan the market is highly distorted you can imagine the Japanese government market is highly distorted so you can look at BOJ's website every month they release liquidity indicator so they closely look at like bid as ratio price impact very clear from January last year the liquidity deteriorated even more so already JGB market is highly distorted what's more the last September this pegging policy I think this will create a different sort of distortion because pegging 0% such a long term interest you can see it's really remove the price information that is more challenging when they exit so that's why I keep saying BOJ introduced this policy in September it was better than negative interest but BOJ should not continue this pegging at 0% for too long if they do it too long it create another side effect so I said this year when inflation time positive maybe BOJ should increase 0% targets to say 0.5 or introduce range more flexibility is important but at that time because the target is higher then BOJ does not need to buy more that much so BOJ can reduce from 80 to 60 gradually that is an idea I'm talking I'm saying in public unwinding so this is unwinding one story so unwinding I don't want to say this is like a tightening of monetary policy the idea is in order to continue with inflation maybe we need to reduce a little bit now so that central bank can provide accommodation longer I think we should explain in this way rather than unwinding or tightening thanks we are starting on the issue there was a discussion here on the issue last week some of the things you are talking about in the interest rates whether several mental inflation targets were too low another Japan is special and there are institutionalised factors like the very high debt rates and so on but if you just think more about your you can't argue that it would be easier to manage the inflation target will say 4% you wouldn't have a lower bound problem the bottom of the negative interest rates which they are only mine but so long as cash so long as you are not charging the holders of cash there is going to be a difference on what you can hollowing negative interest rates can go in practice and as I said in Japan there may be very special factors in the society otherwise governing or influencing decisions that may be made but certainly a case that may last week that would be easier to manage is that a question of inflation being let go out of control or that if the target were 3% or 4% the ups and downs of the cycle would be easier to manage maybe you would like to comment on that seeing that monetary policy has been having been so effective in terms of management so is it reasonable to say that it was a physical policy that doesn't tell the work in terms of the state of mind and the economy and okay I have led to this okay I was given a big dash and you raised the question about is monetary policy monetizing the dash but would that be a bound thing or is it helpful if it's helping to say that yep in terms of the yen does the monetary plan have a target on the end does it want a weaker yen it generally has wanted a weaker yen and you talked about the hedge fund temporary do you see that being all around your opinion on that okay so first question is about raising inflation target right can I say that so like originally in 2010 in those days chief economist by IMF mentioned that and also Krugma and so on I think because in Japan even 2% target the public doesn't want it they think somehow in Japan households have an upward bias in their perception of inflation and inflation expectation even when there was a mild deflation always households felt prices are going up and prices will go up so I think the reason is that since 2000 the Japanese wages nominal and real wages dropping and in the meanwhile the food prices going up from 3 commodity price hike and from 2013 in depreciation consumers are very sensitive to the food prices so while income is dropping there's no hope for the wage increase and food prices are going up so I guess started to feel the prices are high from this title budget so the problem is that this upward bias is so big in Japan compares to Euro area United States England I checked that so it's very unique so under this situation there's a household survey and they ask what do you think the price hike is favorable or unfavorable 80% of people say unfavorable now Bank of England does a similar survey to the household and then question is what do you think about this 2% target there's some options more than 50% of the respondents say 2% target is just right if you are just right and should go up more than 60% this is a very clear sign that in UK inflation expectation is anchored it's accepted and it's understood but Japan is not that so under that situation raising 4% I think even create even more anger I think so I understand it but I think in Japan it doesn't help in terms of improving aggregate demand and inflation the second question Mr. Turner former FSA in UK often talk about this his idea is that because Japanese debt is so huge there's no way for the government to pay it so then whatever government does the fiscal stimulus everybody worry about the future higher tax lower expenditures so fiscal policy is not stimulus so he's saying that maybe the Bank of Japan have lots of interest during perpetual bond exchanging to the non-interest during perpetual bond and in that way if the public understand that and public feel okay so now I don't have to pay higher taxes they don't need to face lower expenditure in the future so this inter-temporal government constraint will be modified that is his idea that's reasonable, understandable but I really think I don't think that will generate demand why because we have already aging society more than 20% of people above 65 everybody worry about how long they will live and they want to maintain certain income so if the country is already have a very high level of aging I think that part is dominate so to be an idea is understandable but it's not that doesn't mean it will generate demand and also the idea of this idea means that beauty will keep government bond forever I mean should we do it monetary policy is supposed to be temporarily eventually we stop it and eventually we should get rid of that impact from balance sheet that is idea but if we really tell central bank to keep it forever that is completely different environment and I'm not sure if we should do it then if that means meaning that if the central bank has no interest income no senior age so that means central bank will have deficit forever so then we really have to change the current system because again do you remember when I was a board member in any central bank we always check the soundness of balance sheet and because we are director and we have responsibility to maintain soundness so then we have to get rid of this kind of idea if we want to keep the government bond forever we really have to change the game so otherwise if we maintain current system I don't think it consistent that's what I said to him by the way directly it doesn't fit to our system exchange rate you know any central bank I think ECB as well no central bank really explicitly target exchange rate and do not even take it it's not going to be major discussion issue of course some people may think exchange yen's depreciation will help so there is no target but I think what we can say is that in the case of Japan the fair value so the equilibrium exchange rate yen data rate is between 100 and 110 so it depends on the methodology so at one point it went to 125 that was May 2015 I think that was a bit undervalued then some people will suffer so means at that time the import price started go up import food price started go up so household started to complain household are very sensitive to food prices so what will happen is that when they feel the prices are going up they have to spend more then they reduce the non-essential expenditures like clothes tourism and that's happened I can see that from household service you see so I don't think I don't buy the idea of generating excessive depreciation in order to achieve 2% and that's not sustainable and if household cannot accept it in the end central bank will lose so I don't buy that kind of ideas never I'm curious my name I remember how things to achieve and I try to understand the economics but my main interest really is the politics and the household and it just seems to me that and I'm interested in what you told us about Japanese households understanding in certain terms and how they react to food I think that in Europe when there was talk of quantitative easing that there was a popular perception that there would be a trickle down that that would give some more money to households I think people now feel that trickle that quantitative easing didn't work because it's quantitative easing which helps commercial banks and doesn't get anywhere into the economy in terms of day to day spending and so on and I think also that the current situation apart from I understand the position of the ECB and at an absolutely crucial point the intervention of the ECB has been enormously valuable I accept that but there is a feeling that somehow or other the basic economic classical theories which we are following and so on they work for the banking system and the large economy out of sort of to go technically better but in fact they're not working for the day to day living in the economy and this has led to two radical ideas that are of some interest to me one which I'm sure you're familiar with which sounds mad when it's called the helicopter drop of money but I'd be interested to know what you think of that idea of getting spending power into the hands of a wider population and then also there's a growing interest in what is called basic universal income I think for a similar idea because of a similar concern because it would be a way of doing something for households it would be a way of bringing in some new thinking which may anticipate some of the things like ageing, automation all sorts of things and it's interesting that it's beginning to get airtime in different places so I think basically my question is how does the view of a banking structure and so on get more accepted by the general population and what do you think of these sort of different ideas basic universal income is like a minimum wage it's an unconditional payment yes a universal payment I see that opens a whole kind of worm snap we could be here for no I mean I know that but I'm just interested sorry I've been busy for too many years I've spent a long time talking about it I'm not going to be interested in a reaction I've learned so much about central banking I see I see I think Japan also expected this to go down but the problem is that in an ageing society and declining population the potential economic growth is not and initially when the BEOJ introduced QQE I think that the Japan projected this potential economic growth will go up but that didn't happen so if this potential economic growth does not pick up then the corporate sector do not see an increase in expected economic growth and the household do not see an increase in expected wage so of course they don't put a lot of money in a business investment or consumption so I think that was a problem that Japan faced and also Europe so as a result like you said radical idea came helicopter money Mr. Starner's idea is one thing so pure idea of helicopter money means the central bank just provide cash to people right I hear that ECB can do it there are no constraints in terms of EU treaties so if they want it they can do it but they need to get consensus about 19 central bank in the case of bank of Japan I think it's not included in the available tools but of course they can change the law but I think there will be some process which leads to the change in the bank of Japan law whether they can do it so another way is that indirect helicopter money so the central bank can buy government bond the government use that proceeds to provide money to low income people small scale but government is doing that in Japan so in some sense they are utilizing that opportunity low interest rate they want to call current station somewhat similar to helicopter money they are already doing it but still it's not really enough to generate aggregate demand so here is the issue I understand people say fiscal expansion should be undertaken in Japan but before the long history of Japan like 1990s and the beginning of 2000 already government did a lot of public investment huge debt so in another world Japan did already lots of expansionary fiscal policy in the past so if we don't design very carefully we just end up with a huge debt so I don't completely deny the idea of helicopter money but we have to design very carefully otherwise we just end up with a huge debt and only undermining the fiscal discipline so I don't deny it but we have to do it very carefully ok maybe we leave it there I think the discussion on the inflation target reminded me of a discussion I think in this room it must be 15 years ago when Dr Tiedmeier was asked by Jim O'Leary would he prefer an inflation of 0.2% or 1.8% and surprisingly we got a straight answer which is I prefer 1.8% because with quality improvements it's more akin to price stability so that stuck in my head after all these years so that was that was a great man's view I want to thank Professor Shearer I'm not any wiser but I am much better informed about something I knew very little about I hope that you found the same so thank you very much for a really interesting presentation


Good afternoon everyone.  Lisa Martin and Dave Vellante live, day one of our coverage of CrowdStrike Falcon 23. We've got a couple of great guest ones and alumni here to talk about partnerships in the ecosystem. Nick Keady joins us, the Chief Commerce Officer at PAX 8 and Daniel Bernard is here, the Chief Business Officer at CrowdStrike. Guys, welcome back Daniel. Great to have you guys on the program. Thank you. Great to be here. Nick, start us off, give us a little bit of an overview about PAX 8 and its approach to cybersecurity. Yeah, PAX 8 is the cloud commerce marketplace that serves 30,000 MSSPs around the globe. So we are spending a lot of time enabling our community of MSSPs to serve their 500,000 customers that are inside of the PAX 8 ecosystem. Our partners have been asking for some time to deepen the vendor set that we have in the marketplace and they were asking by name for CrowdStrike. And so we are excited to finally be at the point where it's going to be in the marketplace in the coming weeks. That's outstanding. So you're really listening to the customers, the end users who demanded, it sounds like demanded fist on table CrowdStrike. Yes. So again, 30,000 partners, 500,000 customers, we are connected into those partners who are serving the ecosystem of SMB customers. So if you have heard George on the last couple earning calls talk about SMB is going to be big, partnerships are going to be big. PAX 8 is going to be delivering that solution, the CrowdStrike solution to SMB. Daniel, how did this all start? Take us through sort of the beginning and the journey. The way, way back machine. Way, way back. So PAX 8 has been growing and growing and growing over the last number of years. And I think as we look very strategically at the SMB marketplace, where are small, medium businesses buying the technology? How do they consume technology? That's in the midst of a revolution right now. Transformation revolution, call it what you want. More and more of them are using MSPs and MSSPs. Now, when you look at the smaller end of the business or as Nick affectionately calls the IBB. The itty bitty business. The itty bitty business. They're being served by MSPs, managed service providers. These MSPs don't necessarily have cybersecurity skills, but whether you're an MSP or you're an MSSP, you know that serving a small, medium business, you need to bring the best of greed technology from a cybersecurity perspective there because ransomware is all too common. This isn't a textbook type of situation where you learn about ransomware at a textbook. Read a newspaper, turn on the television. We can all certainly say having, right here where we are, there's lots of stuff going on in cybersecurity. So when it comes to how does a small business consume cybersecurity technology, it all comes back to MSPs helping solution, not just cybersecurity, but a broader set of technology needs. And that's where PAX 8 comes to really be the aggregator of that demand and help enable the partners to know what to do and then help enable them to deliver the right solutions like CrowdStrike to their customers at the right time. So I have a little trend analysis because small is different than mid. And especially, actually some small is kind of like mid, but IBB is definitely different than middle. A lot of IBBs don't even have IT. So what are some of the trends that you see and how are things evolving and think skate to the puck? Like what do you guys see out there and how does that inform your strategy? Yeah, the trends that I'm watching right now is the SMB buying behaviors looking more like consumer every single day. You used to be able to get away with not telling the customer, hey, you're secure, I'm your managed service provider, you're consultant and you're pro, just let me handle this. But now 68% of buyers are doing all of their research before they ever reach out to anybody. They've already made a buying decision. And so PAX 8 in our marketplaces, educating customers and educating partners on the right security solutions. And then we're helping those customers get matched made with the right vendor, CrowdStrike and the right managed service provider to meet their needs. Matchmaker. Yes. You talked about, you mentioned ransomware, it's a household word. It's obvious it's going on here right now in Las Vegas. Big difference. Especially here in Vegas, yeah. Especially here in Vegas, especially at this venue. Talk a little bit about, Nick, about some of the biggest challenges that PAX 8 is helping the partner ecosystem and its customers solve where this threat landscape is just so amorphous. Yes. I think number one is really just awareness. You used to be able to get away with just good enough. And I think now SMBs are being targeted at the same rate as enterprise customers and they deserve, they need required demand. I think you said earlier, the enterprise level software for their businesses. So we define SMB as sub 500, but of our 500,000 customers, the average size of them now is 31 employees. So they are asking for CrowdStrike by name and I'm excited to be able to deliver it. And I think just to add on that, there's very few products that just like ransomware is a household name, CrowdStrike is a household name. That there's very few products in enterprise technology or in technology in general that have that kind of brand power, that name recognition where people know CrowdStrike and they know that it stops the breach. And if you're a small media business and you've listened to satellite radio or you've read the news or your retail investor, how can you not know about CrowdStrike and see the outcomes of this company and what we've been able to achieve in cybersecurity and broader IT. And so it helps when you have a brand like that, you just have to then have the right technology for that and then have the right distribution mechanism and the right way to meet customers where they are. And that's really where this all comes together. Well, the advertising campaign has been very effective, right? Here, George, you know, CrowdStrike stops breaches. You hear his voice over and over and over. It's kind of rare in the cyber industry some of the AV guys advertise a little bit, but a copy CrowdStrike now. But it's been effective. I mean, you kind of get to know George a little bit even though people don't know him, but they kind of resonates and anybody who watches F1. Oh yeah. Just to see it right there, it's like strategically placed right next to the driver's head. We are prime for this market because we have that brand power. Of course, we have what the technology and we can talk about the technology in a second as well. But the messaging and what we do is simple. Very simple. And we don't expect a small and medium business or an itty bitty business to be a cybersecurity expert. I think if you go to trade shows or look around the booth here, there's a lot of great cybersecurity companies, but you need a PhD to understand what a lot of them do and how is it different than this? What does CrowdStrike do? We stop breaches, clean and simple. Drop the mic. I love that. Talk a little bit about, Daniel, the growth of the partner ecosystem in the last year. Dave was here last year covering the event and we were talking with JJ earlier. It's really, it's about a two X increase in the ecosystem. How, with Nixing, you know, PAX 8 partners and customers were coming to them demanding CrowdStrike, you know, some of the small, some of the itty bitties. Talk about the expansion of the ecosystem and how partners like this really helping you open more doors. Well, first I need to give a broad snapshot. We're one of the most successful channels in technology, not just cybersecurity. Over 160 partners doing more than $10 million in business with CrowdStrike. Over 360 partners that do more than 5 million in business with CrowdStrike. The technology has transformed how people do cybersecurity so therefore all the best and brightest partners, they want to win with CrowdStrike and bring us to market. We've invested a lot over the course of the past year in educational resources, 23 modules that just grew today to more. We have to help each one of our partners understand the platform, know how to position the platform, be incentivized to them with the platform, understand the differentiation. So that's on the education piece. There's also on the services component. There's a huge opportunity for partners of CrowdStrike to do services on our technology as well. So I think what the major takeaway is, is partners are doing more with CrowdStrike. The consolidation that the market is really pushing and necessitating that customers are asking for, that's happening in one place and it's happening on the Falcon platform. As go-to-market operators, how do you see or do you see AI changing the way go-to-market pros think about selling? You want to take it first? Absolutely. So we are seeing within our platform, again I talked about the number of partners, the number of customers. We're seeing a transaction happening every minute now across the 500,000 customers that we have. And so we are leveraging AI to suggest the next logical product, not that each partner should buy, but every single customer of every single partner, we're sending those insights to the partner, saying here is what this customer based on the data, their size, their geo, their industry, here's the next thing that they're going to want. We can either start dripping that to them through our marketplace, or we can start educating you to be able to deliver it to those customers. So we are leveraging AI today through our marketplace to match make customers and partners, and to then tell that partner the next logical product. And with 23 modules, now more, there's a lot of suggestions we could deliver that are by more crowd-strike.  I think the BDR is supercharged. And I think the security operator, you know, I think George talked about it really nicely. We turned security analysts to security creators with Charlotte AI, because we'll come back to the world of Pakistan in a second, but just within our platform, how do we help more customers consume more of the platform? Charlotte AI puts it in their hands and does it for them. You don't need to be an advanced vulnerability management expert and have done vulnerability monitoring for years of your career now to be just as effective as somebody who has. And so this democratization effect, it's even more pronounced in the itty-bitty business where you want to ask questions and get answers. You want to tell somebody, I need to be secure. Am I secure from this? So we can really service the lowest common denominator, if you will, and democratize the technology in a whole new way. Back to your question, what this means for BDRs or people who go to market is you can pinpoint needs much more easier and you can go much faster. I mean, the small business opportunity is huge. I mean, what percent of small businesses have a sock? It's like single digits. I mean, none of them, so this is like awesome. And I would even think mid-sized companies, most mid-sized companies don't have a sock, maybe not most, but half. Yeah, that is the ecosystem we serve. Most of the customers within our ecosystem do not have internal IT. They're outsourcing that IT to MSPs and MSSPs. So excited about leveraging AI and the product knowledge that it delivers, you don't have to have that PhD as a managed service provider any longer if you have the recommendations that are coming from AI. Do MSSPs and MSPs come together or are they such distinct sort of practices that they'll stay separate? I think MSPs are on a journey to get that S and to become a specialized in security. They know that they can charge more for that premium service. MSPs tend to be more generalist and they know they can charge more per a user if they can get those specialties like CrowdStrike would get them. Yeah, so it's a transformation going on, yeah. Daniel, one of the things I know CrowdStrike talks about is delivering immediate time to value for customers and presumably partners as well. How do you define that? How do you measure that time to value? First it comes with, what is the first impression you have of the technology? And having a technology that is super simple, stupid easy to deploy, lightest weight agent on the market, no reboots required, we leave a really good first impression on the back of that. So while it takes hours, months, and sometimes even weeks to operationalize other technologies where you're setting exclusions, you have to do a whole bunch of configuration with CrowdStrike, it works out of the box and stops the breach. From there, all of these modules, each one of them has time to value indicators that we're able to surface through and with partners as well as to those customers. So it makes it really easy for ASISO on the large end to go back to a board or a CEO and say, this is why we use CrowdStrike, this is what it does for us, this is how it helps us stop the breach. Those are the kind of tools you need in a modern SaaS world because we're selling every single day of the year so that we get that renewal. We have to stop the breach, not just on Monday of the first day of the subscription, also on day 364 to make sure that we get the next one. And so it all comes down to, especially in this macro setup, what are you doing for me now? What are you doing for me tomorrow? Prove it and quantify it. What are the critical elements that make up a successful partnership like this and how do you guys manage it? How often do you meet your teams and what are the things that, I mean, obviously you're measuring revenue, but at the end of the day, that's what it's all about, but how do you ensure that those objectives are being met? Yeah, for us, the focus is, you talked about 160 partners in that first bucket, 300 plus in the second bucket, PAX 8 wants to deliver thousands and thousands and thousands of partners and their customer bases through this and we aggregate and we amplify the voice of those partners, and so we make it very easy to deliver reach, the amount of partners who are now buying crowd strike, frequency, how often are they adding new customers and then, of course, revenue or yield, but those are the three elements that we have to deliver. I think it's unique. I think DB and myself, we don't meet as often as we used to, but we're texting and talking at least once a week. Yeah, well, his team's grown a lot and my team's grown a lot, but I think it starts with trust. That's the beginning of every good partnership. You got to trust the technology. You also have to trust who you're working with. That's one. Two is, do you have a shared vision of what success looks like and our vision of what success looks like at CrowdStrike is really close to what PAX 8 has too, which is the SMB market is underserved. It's fundamentally underserved and not ready for what is happening in the world of cybersecurity. They see it in the numbers of the number of endpoints they have that still have legacy technologies. We know that from industry reports in our own install base. There's so much opportunity at the SMB size and what I think has been wrong with the SMB market until now is different medications have been prescribed for the same illness. Let me talk about that for a second. An SMB has the same cold that a large enterprise has, but how the doctor treats it is very different. And I think that's a fundamental problem. If you're a, it doesn't matter who you are, young, you need the same Tylenol. You just need to get the right dose. And what the industry has really struggled with over time is getting that dosage right.  They wouldn't touch that with a 10 foot pole and that's what's been left for small and medium businesses. And it's a big problem because it doesn't work well. It just doesn't stop the breach. And then you have another class of technologies that are enterprise-grade. That model is flawed. We've got to get the dosage right. You still need the same efficacy. You need the same medication. We've got to stop the breach. We just need to do it in the right way and with the right partners to get to these 500,000 end customers that PAX 8 has. What are some of the things that we can expect next from PAX 8 and CrowdStrike better together? Yeah, I think the unique thing, the thing that PAX 8 can say with CrowdStrike that no one else can say is that based on the demand from the market, CrowdStrike has not had to make the product as consumable for SMB as it is going to be moving forward. Meaning sometimes the units that need to be sold individually to a customer was not approachable for an SMB customer, somebody with 10 or 25 people in their company. And so PAX 8 is going to be one of the only places to get less than 200 licenses and not have to pay upfront for the entire year. It's going to be the place for SMB customers to come in a way that is consumable and get enterprise-grade technology that they had not had access to before. If you build it three times. We're in the early innings of this partnership. We announced just a couple months ago the global reach they have. The kind of growth they're seeing in these international markets. I mean, this isn't just an America's partnership. This is a worldwide partnership. The journeys that we can take our customers on together with all these different modules. What you have to expect is global expansion, more platform adoption, and watch us design partner new innovative technologies that solve problems for these customers. That's the kind of relationship we have. Love it. Guys, thank you so much for joining David and me on the program talking about the partnership, the value in it, within it for both of you and the ecosystem and the customers. We really appreciate your insights and your time. Thank you. Great to be here. Thanks a lot. For our guests and for Dave Vellante, I'm Lisa Martin. You're watching theCUBE live. Day one of our coverage of CrowdsQuest.com 23 Instagram. Next guest joins us in just a minute. Time like we're small talking. That was very good.


Chapter 71 of The Old Curiosity Shop This is a LibriVox recording. All LibriVox recordings are in the public domain. For more information or to volunteer, please visit LibriVox.org The Old Curiosity Shop by Charles Dickens. Chapter 71 The dull, red glow of a wood fire, for no lamp or candle burnt within the room, showed him a figure seated on the hearth with its back towards him, bending over the fitful light. The attitude was that of one who sought the heat. It was, and yet was not. The stooping posture and the covering form were there, but no hands were stretched out to meet the grateful warmth. No shrug or shiver compared its luxury with the piercing cold outside. With limbs huddled together, head bowed down, arms crossed upon the breast, and fingers tightly clenched. It rocked to and fro upon its seat without a moment's pause, accompanying the action with the mournful sound he had heard. The heavy door had closed behind him on his entrance, with a crash that made him start. The figure neither spoke nor turned to look, nor gave in any other way the faintest sign of having heard the noise. The form was that of an old man, his white-head akin in colour to the mouldering embers upon which he gazed. He, and a failing light and dying fire, the time-worn room, the solitude, the wasted life and gloom were all in fellowship, ashes and dust and ruin. He tried to speak, and it pronounced some words, though what they were he scarcely knew. Still the same terrible low cry went on, still the same rocking in the chair, the same stricken figure was there, unchanged and heedless of his presence. He had his hand upon the latch, when something in the form, distinctly seen as one log broke and fell, and as it fell blazed up, arrested it. He returned to where he had stood before, advanced a pace, another, another still, another. And he saw the face. Yes, changed as it was, he knew it well. Master! he cried, stooping on one knee and catching at his hand. Dear master, speak to me! The old man turned slowly towards him, and muttered in a hollow voice. This is another. How many of these spirits there have been tonight? No spirit master, no one but your old servant. You know me now, I am sure. Miss Nell, where is she? Where is she? They all say that, cried the old man. They all ask the same question, a spirit. Where is she? demanded kid, oh tell me but that, but that dear master. She is asleep, yonder, in there. Thank God! I, thank God, returned the old man. I have prayed to him many and many and many a live long night, when she has been asleep he knows. Dark, did she call? I had no voice.  He started up and listened again. Nor that? He cried with a triumphant smile. Can anybody know that voice so well as I? Hush, hush! Motioning to him to be silent, he stole away into another chamber. After a short silence, during which he could be heard to speak in a soft and soothing tone, he returned, bearing in his hand a lamp. She is still asleep. He whispered, you were right. She did not call, unless she did so in her slumber. She has called to me in her sleep before now sir. As I sat by watching, I have seen her lips move and have known, though no sound came from them, that she spoke of me. I feared the light might dazzle her eyes and wake her, so I brought it here. He spoke rather to himself than to the visitor, but when he had put the lamp upon the table, he took it up as if impelled by some momentary recollection or curiosity and held it near his face. Then, as if forgetting his motive in the very action, he turned away and put it down again. She is sleeping soundly, he said, but no wonder. Angel hands have strewn the ground deep with snow, that the lightest footstep may be lighter yet. And the very birds are dead, that they may not wake her. She used to feed them, sir. Though never so cold and hungry, the timid things would fly from us. They never flew from her. Again, he stopped to listen, and, scarcely drawing breath, listened for a long, long time. That fancy past, he opened an old chest, took out some clothes as fondly as if they had been living things, and began to smooth and brush them with his hand. Why does thou lie so idle there, dear Nell? He murmured, when there are bright red berries out of doors waiting for thee to pluck them. Why does thou lie so idle there? When thy little friends come creeping to the door, crying, where is Nell, sweet Nell, and sob and weep, because they do not see thee. She was always gentle with children. The wildest would do her bidding. She had a tender way with them, indeed she had. He had no power to speak. His eyes were filled with tears. Her little homely dress, her favourite! Cried the old man, pressing it to his breast and patting it with his shriveled hand. She will miss it when she wakes. They have hid it here in sport, but she shall have it. She shall have it. I would not vex my darling for the wide world's riches. See here, these shoes? How warm they are! She kept them to remind her of our last long journey. You see where the little feet were bare upon the ground. They told me afterwards that the stones had cut and bruised them. She never told me that. No, no, God bless her! And I have remembered since she walked behind me, sir, that I might not see how lame she was. But yet she had my hand in hers and seemed to lead me still. He pressed them to his lips and having carefully put them back again, went on communing with himself, looking wistfully from time to time towards the chamber he had lately visited. She was not wont to be a liar bed, but she was well then. We must have patience. When she is well again she will rise early as she used to do and ramble abroad in the healthy morning time. I often tried to track the way she had gone, but her small fairy footstep left no print upon the dewy ground to guide me. Who is that?  Have we not enough to do to drive away that marble cold and keep her warm? The door was indeed opened for the entrance of Mr. Garland and his friend accompanied by two other persons. These were the schoolmaster and the bachelor. The former held a light in his hand. He had it seemed, but gone to his own cottage to replenish the exhausted lamp at the moment when Kit came up and found the old man alone. He softened again at sight of these two friends and laying aside the angry manor if to anything so feeble and so sad the term can be applied, in which he had spoken when the door opened, resumed his former seat and subsided by little and little into the old action and the old, dull, wandering sound. Of the strangers he took no heed whatever. He had seen them, but appeared quite incapable of interest or curiosity. The younger brother stood apart. The bachelor drew a chair towards the old man and sat down close beside him. After a long silence, he ventured to speak. Another night and not in bed, he said softly. I hoped you would be more mindful of your promise to me. Why do you not take some rest? Sleep has left me, returned the old man. It is all with her. It would pain her very much to know that you were watching thus, said the bachelor. You would not give her pain? I am not so sure of that if it would only rouse her. She has slept so very long and yet I am rash to say so. It is a good and happy sleep, eh? Indeed it is, returned the bachelor. Indeed, indeed it is. That's well and the waking, faltered the old man. Happy too, happier than tongue and tail or heart of man can save. They watched him as he rose and stole on tiptoe to the other chamber where the lamp had been replaced. They listened as he spoke again within its silent walls. They looked into the faces of each other and no man's cheek was free from tears. He came back whispering that she was still asleep, but that he thought she had moved. It was her hand, he said, a little, a very, very little, but he was pretty sure she had moved it, perhaps in seeking his. He had known her do that before now, though in the deepest sleep the while. And when he had said this, he dropped into his chair again and, clasping his hands above his head, uttered a cry never to be forgotten. The poor schoolmaster motioned to the bachelor that he would come upon the other side and speak to him. They gently unlocked his fingers, which he had twisted in his grey hair and pressed them in their own. He will hear me, said the schoolmaster. I am sure. He will hear either me or you if we besiege him. She would at all times. I will hear any voice she liked to hear, cried the old man. I love all she loved. I know you do, returned the schoolmaster. I am certain of it. Think of her. Think of all the sorrows and afflictions you have shared together, of all the trials and all the peaceful pleasures you have jointly known. I do. I do. I think of nothing else. I would have you think of nothing else tonight, of nothing but those things which will soften your heart, dear friend, and open it to all the affections and old times. It is so that she would speak to you herself, and in her name it is that I speak now. You do well to speak softly, said the old man. We will not wake her. I should be glad to see her eyes again and to see her smile. There is a smile upon her young face now, but it is fixed and changeless. I would have it come and go. That shall be in heaven's good time. We will not wake her. Let us not talk of her in her sleep, but as she used to be when you were journeying together, far away, as she was at home, in the old house from which you fled together, as she was in the old cheerful time, said the schoolmaster. She was always cheerful. Very cheerful, cried the old man, looking steadfast at him. There was ever something mild and quiet about her I remember from the first, but she was of a happy nature. We have heard you say, pursued the schoolmaster, that in this and in all goodness she was like her mother. You can think of and remember her. He maintained his steadfast look, but gave no answer. Or even one before her, said the bachelor.  Say, that you could carry back your thoughts to very distant days, to the time of your early life, when, unlike this fair flower, you did not pass your youth alone.  Say, that you had a brother, long forgotten, long unseen, long separated from you, who now at last in your atmost need came back to comfort and console you. To be to you what you are once to him, cried the younger, falling on his knee before him. To repay your old affection, brother dear, by constant care, solicitude and love. To be at your right hand, what he never ceased to be when oceans rolled between us. To call, to witness his unchanging truth and mindfulness of bygone days, whole ears of desolation. Give me but one word of recognition, brother, and never, no never, in the brightest moment of your youngest days, when poor silly boys we thought to pass our lives together, have we been half as dear and precious to each other as we shall be from this time hence. The old man looked from face to face, and his lips moved, but no sound came from them in reply. If we were knit together then, pursued the younger brother, what will be the bond between us now? Our love and fellowship began in childhood, when life was all before us, and will be resumed when we have proved it, and harboured children at the last. As many restless spirits who have hunted fortune, fame or pleasure through the world, retire in their decline to where they first drew breath, vainly seeking to be children once again before they die, so we, less fortunate than they in early life, but happier in its closing scenes will set up our rest again among our boyish haunts, and going home with no hope realized, that had its growth in manhood, carrying back nothing that we brought away, but our old yearnings to each other, saving no fragment from the wreck of life but that which first endeared it, maybe indeed but children as at first, and even, he added in an altered voice, even if what I dread to name has come to pass, even if that be so, or is to be, which heaven forbid unspare us. Still, dear brother, we are not apart, and have that comfort in our great affliction. By little and little, the old man had drawn back towards the inner chamber, while these words were spoken. He pointed there, as he replied with trembling lips, you plot among you to wean my heart from her, you never will do that, never while I have life, I have no relative or friend but her, I never had, I never will have, she is all in all to me, it is too late to part us now. Waving them off with his hand, and calling softly to her as he went, he stole into the room. They who were left behind drew close together, and after a few whispered words, not unbroken by emotion, or easily uttered, followed him. They moved so gently, that their footsteps made no noise, but there were sobs from among the group, and sounds of grief and mourning, for she was dead. There, upon her little bed, she lay at rest. The solemn stillness was no marvel now. She was dead. No sleep so beautiful and calm, so free from trace of pain, so fair to look upon. She seemed a creature fresh from the hand of God, and waiting for the breath of life, not one who had lived and suffered death. Her couch was dressed with hair and there some winter berries and green leaves, gathered in a spot she had been used to favor. When I die, put near me something that has loved the light, and had the sky above it always. Those were her words. She was dead. Dear, gentle, patient, noble Nell, was dead. Her little bird, a poor slight thing the pressure of a finger would have crushed, was stirring nimbly in its cage, and the strong heart of its child mistress was mute and motionless forever. Where were the traces of her early cares, her sufferings, and fatigues? All gone. Sorrow was dead indeed in her, but peace and perfect happiness were born, imaged in her tranquil beauty and profound repose. And still her former self lay there, unaltered in this change. Yes. The old fireside had smiled upon that same sweet face. It had passed like a dream through haunts of misery and care. At the door of the poor schoolmaster on the summer evening, before the furnace fire upon the cold wet night, at the still bedside of the dying boy, there had been the same mild lovely look. So shall we know the angels in their majesty after death. The old man held one languid arm in his, and had the small hand tight folded to his breast for warmth. It was the hand she had stretched out to him with her last smile, the hand that had let him on through all their wanderings. Ever and unknown he pressed it to his lips, then hugged it to his breast again, murmuring that it was warmer now. And as he said it, he looked in agony to those who stood around, as if imploring them to help her. She was dead, and passed all help or need of it. The ancient rooms she had seemed to fill with life, even while her own was waning fast, the garden she had tended, the ice she had gladdened, the noiseless haunts of many a thoughtful hour, the paths she had trodden as it were but yesterday, could know her no more. It is not, said the schoolmaster as he bent down to kiss her on the cheek, and gave his tears free vent. It is not on earth that heaven's justice ends. Think what it is compared with the world to which her young spirit has winged its early flight, and say, if one deliberate wish expressed in solemn terms above this bed could call her back to life, which of us would utter it? End of Chapter 71 Chapter 72 of The Old Curiosity Shop This is a LibriVox recording. All LibriVox recordings are in the public domain. For more information on to volunteer, please visit LibriVox.org. The Old Curiosity Shop by Charles Dickens Chapter 72 When morning came, and they could speak more calmly on the subject of their grief, they heard how her life had closed. She had been dead two days. They were all about her at the time, knowing that the end was drawing on. She died soon after daybreak. They had read and talked to her in the earlier portion of the night, but as the hours crept on, she sang to sleep. They could tell by what she faintly uttered in her dreams, that they were of her journeys with the old man. They were of no painful scenes, but of those who had helped and used them kindly, for she often said, God bless you, with great fervor. Waking, she never wandered in her mind but once, and that was of beautiful music which she said was in the air. God knows. It may have been. Opening her eyes at last, from a very quiet sleep, she begged that they would kiss her once again. That done, she turned to the old man with a lovely smile upon her face. Such, they said, as they had never seen and never could forget, and clank with both her arms about his neck. They did not know that she was dead at first. She had spoken very often of the two sisters, who, she said, were like dear friends to her. She wished they could be told how much she thought about them, and how she had watched them as they walked together by the riverside at night. She would like to see poor kid, she had often said of late, she wished there was somebody to take her love to kid. And even then, she never thought or spoke about him, but with something of her old, clear, merry laugh. For the rest, she had never murmured or complained. But with a quiet mind and manner quite unaltered, save that she every day became more earnest and more grateful to them, faded like the light upon a summer's evening. The child who had been her little friend came there almost as soon as it was day, with an offering of dried flowers which he begged them to lay upon her breast. It was he who had come to the window overnight and spoken to the sexton, and they saw in the snow traces of small feet where he had been lingering near the room in which she lay before he went to bed. He had a fancy, it seemed, that they had left her there alone and could not bear the thought. He told them of his dream again and that it was of her being restored to them, just as she used to be. He begged hard to see her, saying that he would be very quiet and that they need not fear his being alarmed, for he had sat alone by his young brother all day long when he was dead and had felt glad to be so near him.  Up to that time, the old man had not spoken once except to her, or stirred from the bedside. But when he saw her little favorite, he was moved as they had not seen him yet and made as though he would have him come nearer. Then, pointing to the bed, he burst into tears for the first time, and they who stood by knowing that the sight of this child had done him good left them alone together. Soothing him with his artless talk of her, the child persuaded him to take some rest to walk abroad, to do almost as he desired him, and when the day came on which must remove her in her earthly shape from earthly eyes forever, he led him away that he might not know when she was taken from him. There were together fresh leaves and berries for her bed. It was Sunday, a bright, clear, wintry afternoon, and as they traversed the village street, those who were walking in their path drew back to make way for them and gave them a softened greeting. Some shook the old man kindly by the hand, some stood uncovered while he tottered by, and many cried, God help him as he passed along. Neighbor, said the old man stopping at the cottage where his young guide's mother dwelt. How is it that the folks are nearly all in black today? I have seen a morning ribbon or a piece of crepe on almost everyone. She could not tell, the woman said. Why, you yourself, you wear the color too? He cried. Windows are closed that never used to be by day. What does this mean? Again the woman said she could not tell. We must go back, said the old man hurriedly. We must see what this is. No, no! cried the child detaining him. Remember what you promised. Our ways to the old green lane where she and I so often were and where you found us more than once making those garlands for her garden do not turn back. Where is she now? said the old man. Tell me that. Do you not know? returned the child. Did we not leave her but just now? True, true. It was her we left, was it? He pressed his hand upon his brow, looked vacantly round, and as if impelled by a sudden thought, crossed the road and entered the sextant's house. He and his deaf assistant were sitting before the fire. Both rose up on seeing who it was. The child made a hasty sign to them with his hand. It was the action of an instant, but that and the old man's look were quite enough. Do you, do you bury anyone today? he said eagerly. No, no, who should we bury, sir? returned the sextant.  It is a holiday with our scouts, sir. returned the sextant mildly. We have no work to do today. Why then, I'll go where you will? said the old man turning to the child. You're sure of what you tell me? You would not deceive me? I am changed even in the little time since you last saw me. Go thy ways with him, sir, cried the sextant, and heaven be with ye both. I am quite ready, said the old man meekly. Come, boy, come. and so submitted to be led away. And now the bell. The bell she had so often heard by night and day, and listened to with solemn pleasure almost as a living voice, wrung its remorseless toll for her, so young, so beautiful, so good. decrepit age and vigorous life and blooming youth and helpless infancy poured forth on crutches in the pride of strength and health, in the full blush of promise, in the mere dawn of life, to gather round her tomb. Old men were there, whose eyes were dim and senses failing. Grandmothers, who might have died ten years ago and still been old, the death, the blind, the lame, the palsy, the living dead in many shapes and forms to see the closing of that early grave. What was the death it would shut in to that which still could crawl and creep above it? Along the crowded path they bore her now, pure as the newly fallen snow that covered it, whose day on earth had been as fleeting. Under that porch where she had sat when heaven in its mercy brought her to that peaceful spot, she passed again, and the old church received her in its quiet shade. They carried her to one old nook where she had many and many a time sat musing and laid their burden softly on the pavement. The light streamed on it through the coloured window, a window where the boughs of trees were ever rustling in the summer and where the birds sang sweetly all day long. With every breath of air that stirred among those branches in the sunshine, some trembling, changing light would fall upon her grave. Earth to earth, ashes to ashes, dust to dust. Many a young hand dropped in its little wreath, many a stifled sob was heard, some, and they were not a few, knelt down, all were sincere and truthful in their sorrow. The service done, the mourners stood apart, and the villagers closed round to look into the grave before the pavement stone should be replaced. One called to mind how he had seen her sitting on that very spot and how her book had fallen on her lap and she was gazing with a pensive face upon the sky. Another told how she had wondered much that one so delicate as she should be so bold, how she had never feared to enter the church alone at night but had loved to linger there when all was quiet and even to climb the tower stair with no more light than that of the moon rays stealing through the loopholes in the thick old wall. A whisper went about, among the oldest there, that she had seen and talked with angels and when they called to mind how she had looked and spoken and her early death some thought it might be so indeed. Thus coming to the grave in little knots and glancing down and giving place to others and falling off in whispering groups of three or four the church was cleared in time of all but the sexton and the mourning friends. They saw the vault covered and the stone fixed down. Then when the dusk of evening had come on and not a sound disturbed the sacred stillness of the place when the bright moon poured in her light on tomb and monument on pillar, wall and arch and most of all it seemed to them upon her quiet grave. In that calm time when all outward things and inward thoughts team with assurances of immortality and worldly hopes and fears are humbled in the dusk before them then with tranquil and submissive hearts they turned away and left the child with God. Oh, it is hard to take to heart the lesson that such deaths will teach but let no man reject it for it is one that all must learn and is a mighty universal truth. When death strikes down the innocent and young for every fragile form from which he lets the panting spirit free a hundred virtues rise in shapes of mercy, charity and love to walk the world and bless it. Of every tear that sorrowing mortals shed on such green graves some good is born, some gentler nature comes. In the destroyer's step there spring up bright creations that defy his power and his dark path becomes a way of light to heaven. It was late when the old man came home. The boy had led him to his own dwelling under some pretense on their way back and rendered drowsy by his long ramble and late want of rest. He had sunk into a deep sleep by the fireside. He was perfectly exhausted and they were careful not to rouse him. The slumber held him a long time and when he at length awoke the moon was shining. The younger brother, uneasy at his protracted absence was watching at the door for his coming when he appeared in the pathway with his little guide. He advanced to meet them and tenderly obliging the old man to lean upon his arm conducted him with slow and trembling steps towards the house. He repaired to her chamber straight, not finding what he had left there. He returned with distracted looks to the room in which they were assembled. From that he rushed into the schoolmaster's cottage calling her name. They followed close upon him and when he had vainly searched it brought him home. With such persuasive words as pity and affection could suggest they prevailed upon him to sit among them and hear what they should tell him. Then, endeavouring by every little artifice to prepare his mind for what must come and dwelling with many fervent words upon the happy lot to which he had been removed they told him at last the truth. The moment it had passed their lips he fell down among them like a murdered man. For many hours they had little hope of his surviving but grief is strong and he recovered. If there be any who have never known the blank that follows death the weary void, the sense of desolation that will come upon the strongest minds when something familiar and beloved is missed at every turn the connection between inanimate and senseless things and the object of recollection when every household god becomes a monument and every room a grave if there be any who have not known this and proved it by their own experience they can never faintly guess how for many days the old man pined and moved away the time and wandered here and there seeking something and had no comfort. Whatever power of thought or memory he retained was all bound up in her he never understood or seemed to care to understand about his brother to every endearment and attention he continued listless if they spoke to him on this or any other theme save one he would hear them patiently for a while then turn away and go on seeking as before on that one theme which was in his and all their minds it was impossible to touch dead he could not hear or bear the word the slightest hint of it would throw him into a paroxysm like that he had had when it was first spoken in what hope he lived no man could tell but that he had some hope of finding her again some faint and shadowy hope deferred from day to day and making him from day to day more sick and sore at heart was plain to all they bethought them of a removal from the scene of this last sorrow of trying whether change of place would rouse or cheer him his brother sought the advice of those who were accounted skillful in such matters and they came and saw him some of the numbers stayed upon the spot conversed with him when he would converse and watched him as he wandered up and down alone and silent move him where they might they said he would ever seek to get back there his mind would run upon that spot if they can find him closely and kept a strict guard upon him they might hold him prisoner but if he could by any means escape he would surely wander back to that place or die upon the road the boy to whom he had submitted at first had no longer any influence with him at times he would suffer the child to walk by his side or would even take such notice of his presence as giving him his hand or would stop to kiss his cheek or pat him on the head at other times he would entreat him not unkindly to be gone and would not brook him near but whether alone or with this pliant friend or with those who would have given him at any cost or sacrifice some consolation or some peace of mind if happily the means could have been devised he was at all times the same with no love or care for anything in life a broken hearted man at length they found one day that he had risen early and with his knapsack on his back his staff in hand, her own straw hat and little basket full of such things as she had been used to carry was gone as they were making ready to pursue him far and wide a frightened schoolboy came who had seen him at a moment before sitting in the church upon her grave he said they hastened there and going softly to the door aspired him in the attitude of one who waited patiently they did not disturb him then but kept a watch upon him all that day when it grew quite dark he rose and returned home and went to bed murmuring to himself she will come tomorrow upon the morrow he was there again from sunrise until night and still at night he laid him down to rest and muttered she will come tomorrow and thenceforth, every day and all day long he waited at her grave for her how many pictures of new journeys over pleasant country of resting places under the free broad sky of rambles in the fields and woods and paths not often trod how many tones of that one well remembered voice how many glimpses of the form the flattering dress the hair that waved so gaily in the wind how many visions of what had been and what he hoped was yet to be rose up before him in the old, dull, silent church he never told them what he thought or where he went he would sit with them at night pondering with a secret satisfaction they could see upon the flight that he and she would take before night came again and still they would hear him whispering his prayers oh let her come tomorrow the last time was on a genial day in spring he did not return at the usual hour and they went to seek him he was lying dead upon the stone they laid him by the side of her whom he had loved so well and in the church where they had often prayed and mused and lingered hand in hand the child and the old man slept together end of chapter 72 chapter 73 of the old curiosity shop this is a LibriVox recording all LibriVox recordings are in the public domain for more information or to volunteer please visit LibriVox.org the old curiosity shop by Charles Dickens chapter 73 the last the magic reel which rolling on before has led the chronicler thus far now slackens in its pace and stops it lies before the coal the pursuit is at an end it remains but to dismiss the leaders of the little crowd who have borne a company upon the road and so to close the journey foremost among them smooth Samson brass and sally arm in arm claim our polite attention Mr. Samson then being detained as already has been shown by the justice upon whom he called and being so strongly pressed to protract his stay that he could by no means refuse remained under his protection for a considerable time during which the great attention of his entertainer kept him so extremely close that he was quite lost to society and never even went abroad for exercise saving into a small paved yard so well indeed was his modest and retiring temper understood by those with whom he had to deal and so jealous were they of his absence that they required a kind of friendly bond to be entered into by two substantial housekeepers in the sum of 1500 pounds a piece before they would suffer him to quit their hospitable roof doubting it appeared that he would return if once let loose on any other terms Mr. Brass struck with the humor of this jest and carrying out its spirit to the utmost sought from his white connection a pair of friends whose joint possessions fell some happens short of 15 pence and preferred them as bail for that was the merry word agreed upon on both sides these gentlemen being rejected after 24 hours' pleasantry Mr. Brass consented to remain and did remain until a club of choice spirits called a grand jury who were in the joke summoned him to a trial before 12 other wags for perjury and fraud who in their turn found him guilty with a most facetious joy nay the very populace entered into the whim and when Mr. Brass was moving in a hackney coach towards the building where these wags assembled saluted him with rotten eggs and carcasses of kittens and feigned to wish to tear him into shreds which greatly increased the comicality of the thing and made him relish it the more no doubt to work this sportive vein still further Mr. Brass by his counsel moved in a rest of judgement that he had been led to criminate himself by assurances of safety and promises of pardon and claimed the leniency which the law extends to such confiding natures as are thus deluded after solemn argument this point with others of a technical nature whose humorous extravagance it would be difficult to exaggerate was referred to the judges for their decision Samson being mean time removed to his former quarters finally some of the points were given in Samson's favor and some against him and the upshot was that instead of being desired to travel for a time in foreign parts he was permitted to grace the mother country under certain insignificant restrictions these were that he should for a term of years reside in a spacious mansion where several other gentlemen were lodged at the public charge who went clad in a sober uniform of grey turned up with yellow had their hair cut extremely short and chiefly lived on gruel and blight soup it was also required of him that he should partake their exercise of constantly ascending an endless flight of stairs and lest his legs and used to such exertion should be weakened by it that he should wear upon one ankle an amulet or charm of iron these conditions being arranged he was removed one evening to his new abode and enjoyed in common with nine other gentlemen and two ladies the privilege of being taken to his place of retirement in one of royalty's own carriages over and above these trifling penalties his name was erased and blotted out from the role of attorneys which Eurasia has been always held in these latter times to be a great degradation and reproach and to imply the commission of some amazing villainy as indeed would seem to be the case when so many worthless names remain among its better records un molested of Sally Brass conflicting rumours went abroad some said with confidence that she had gone down to the doxin male attire and had become a female sailor others darkly whispered that she had enlisted as a private in the second regiment of food guards and had been seen in uniform and on duty to it leaning over her musket and looking out of a sentry box in St. James's Park one evening there were many such whispers as these in circulation but the truth appears to be that after a lapse of some five years during which there is no direct evidence of her having been seen at all two wretched people were more than once observed to crawl at dusk from the inmost recesses of St. Giles's and to take their way along the streets with shuffling steps and cowering shivering forms looking into the roads and kennels as they went in search of refuse food or disregarded awful these forms were never beheld but in those nights of cold and gloom when the terrible specters who lie at all other times in the obscene hiding places of London in archways, dark vaults and cellars ventured to creep into the streets and eat spirits of disease and vice and famine it was whispered by those who should have known that these were Samson and his sister Sally and to this day it is said they sometimes pass on bad nights in the same loathsome guise close at the elbow of the shrinking passengers the body of Quilpe being found though not until some days had elapsed was held on it near the spot where it had been washed ashore the general supposition was that he had committed suicide and disappearing to be favoured by all the circumstances of his death the verdict was to that effect he was left to be buried with a stake through his heart in the centre of four lonely roads it was rumoured afterwards that this horrible and barbarous ceremony had been dispensed with and that the remains had been secretly given up to Tom Scott but even here, opinion was divided for some said that Tom had dug them up at midnight and carried them to a place indicated to him by the widow it is probable that both these stories may have had their origin in the simple fact of Tom's shedding tears upon the inquest which he certainly did, extraordinary as it may appear he manifested besides a strong desire to assault the jury and being restrained and conducted out of court darkened its only window by standing on his head upon the sill until he was dexterously tilted upon his feet again by a cautious beetle being cast upon the world by his master's death he determined to go through it upon his head and hands and accordingly began to tumble for his bread finding however his English birth an insurmountable obstacle to his advancement in this pursuit notwithstanding that his art was in high repute and favour he assumed the name of an Italian image lad with whom he had become acquainted and afterwards tumbled with extraordinary success and to overflowing audiences little Mrs. Quillp never quite forgave herself the one deceit that lay so heavy on her conscience and never spoke or thought of it but with bitter tears her husband had no relations and she was rich he had made no will or she would probably have been poor having married the first time at her mother's instigation she consulted in her second choice nobody but herself it fell upon a smart young fellow enough and as he made it preliminary condition that Mrs. Ginnewin should be then s'forth an outpensioner they lived together after marriage with no more than the average amount of quarrelling and led a merry life upon the dead dwarves money Mr. and Mrs. Garland and Mr. Abel went on as usual except that there was a change in their household as will be seen presently and in due time the latter went into partnership with his friends the notary on which occasion there was a dinner and a bowl and a great extent of dissipation and to this bowl there happened to be invited the most bashful young lady that was ever seen with whom Mr. Abel happened to fall in love how it happened or how they found it out or which of them first communicated the discovery to the other nobody knows but certainties that in cause of time they were married and equally certainties that they were the happiest of the happy and no less certainties that they deserved to be so and it is pleasant to write down that they reared a family because any propagation of goodness and benevolence is no small addition to the aristocracy of nature and no small subject of rejoicing for mankind at large the pony preserved his character for independence and principle down to the last moment of his life which was an unusually long one and caused him to be looked upon indeed as the very old part of ponies he often went to and fro with a little fate in between Mr. Garlands and his sons and as the old people and the young were frequently together had a stable of his own at the new establishment into which he would walk of himself with surprising dignity he condescended to play with the children as they grew old enough to cultivate his friendship and would run up and down the little paddock with them like a dog but though he relaxed so far and allowed them such small freedoms as caresses or even to look at his shoes or hang on by his tail he never permitted anyone among them to mount his back or drive him thus showing that even their familiarity must have its limits and that there were points between them far too serious for traveling he was not unsusceptible of warm attachments in his later life for when the good bachelor came to live with Mr. Garland upon the clergyman's disease he conceived a great friendship for him and amably submitted to be driven by his hands without the least resistance he did no work for two or three years before he died but lived in clover and his last act like a choleric old gentleman was to kick his doctor Mr. Suivala, recovering very slowly from his illness and entering into the receipt of his annuity bought for the margin as a handsome stock of clothes and put her to school forthwith in redemption of the vow he had made upon his fevered bed after casting about for some time for a name which should be worthy of her he decided in favour of sofronious things as being euphonious and genteel and furthermore indicative of mystery under this title the margin is repaired in tears to the school of his selection from which as she soon distanced all competitors she was removed before the lapse of many quarters to one of a higher grade it is but bare justice to Mr. Suivala to say that although the expenses of her education kept him in straightened circumstances for half a dozen years he never slackened in his zeal and always held himself sufficiently repaid by the accounts he heard with great gravity of her advancement on his monthly visits to the governess who looked upon him as a literary gentleman of eccentric habits and have a most prodigious talent in quotation in a word Mr. Suivala kept the margin as at his establishment until she was, at a moderate guess full 19 years of age, good-looking, clever and good-humoured when he began to consider seriously what was to be done next on one of his periodical visits while he was revolving this question in his mind the margin is came down to him alone looking more smiling and more fresh than ever then it occurred to him but not for the first time that if she would marry him how comfortable they might be so Richard asked her whatever she said it wasn't no and they were married in good earnest that day week which gave Mr. Suivala frequent occasion to remark at diverse subsequent periods that there had been a young lady saving up for him after all a little cottage at Hampstead being to let which had in its garden a smoking box the envy of the civilised world they agreed to become its tenants and when the honeymoon was over entered upon its occupation to this retreat Mr. Chakstra repaired regularly every Sunday to spend the day usually beginning with breakfast and here he was the great purveyor of general news and fashionable intelligence for some years he continued a deadly foe to Kit protesting that he had a better opinion of him when he was supposed to have stolen the five pound note then when he was shown to be perfectly free of the crime inasmuch as his guilt would have had in its something daring and bold whereas his innocence was but another proof of a sneaking and crafty disposition by slow degrees however he was reconciled to him in the end and even went so far as to honour him with his patronage as one who had in some measure reformed and was therefore to be forgiven but he never forgot or pardoned that circumstance of the shilling holding that if he had come back to get another he would have done well enough but that his returning to work out the former gift was a stain upon his moral character which no penitence or contrition could ever wash away Mr. Swivola, having always been in some measure of a philosophic and reflective turn grew immensely contemplative at times in the smoking box and was accustomed at such periods to debate in his own mind the mysterious question of Sofronius' parentage Sofronia herself supposed she was an orphan but Mr. Swivola, putting various slight circumstances together often thought Ms. Brass must know better than that and having heard from his wife of her strange interview with Quilp entertained Sandra Missgivings whether that person, in his lifetime might not also have been able to solve the riddle had he chosen these speculations however gave him no uneasiness for Sofronia was ever a most cheerful, affectionate and provident wife to him and Dick, accepting for an occasional outbreak with Mr. Chuckster which she had the good sense rather to encourage than oppose was to her an attached and domesticated husband and they played many hundred thousand games of cribbage together and let it be added to Dick's honour that though we have called her Sofronia he called her the Marginus from first to last and that upon every anniversary of the day on which he found her in his sick room Mr. Chuckster came to dinner and there was great glorification the gamblers, Isaac List and Jowl with their trusty confederate Mr. James Groves of unimpeachable memory pursued their course with varying success until the failure of a spirited enterprise in the way of their profession dispersed them in different directions and caused their career to receive a sudden check from the long and strong arm of the law this defeat had its origin in the untoward detection of a new associate young Frederick Trent who thus became the unconscious instrument of their punishment and his own for the young man himself he rioted abroad for a brief term living by his wits which means by the abuse of every faculty that worthily employed racist man above the beasts and so degraded sings him far below them it was not long before his body was recognized by a stranger who chanced to visit that hospital in Paris where the drowned are laid out to be owned despite the bruises and disfigurements which were said to have been occasioned by some previous scuffle but the stranger kept his own counsel until he returned home and it was never claimed or cared for the younger brother or the single gentleman for that designation is more familiar would have drawn the poor school master from his lone retreat and made him his companion and friend but the humble village teacher was timid of venturing into the noisy world and had become fond of his dwelling in the old churchyard calmly happy in his school and in the spot and in the attachment of her little mourner he pursued his quiet cause in peace and was through the righteous gratitude of his friend let this brief mention suffice for that a poor school master no more that friend single gentleman or younger brother which you will had at his heart a heavy sorrow but it bred in him no misanthropy or monastic gloom he went forth into the world a lover of his kind for a long long time it was his chief delight to travel in the steps of the old man and the child so far as he could trace them from her last narrative to hold where they had halted sympathize where they had suffered and rejoice where they had been made glad those who had been kind to them did not escape his search the sisters at the school they who were her friends became themselves so friendless mrs. jolly of the waxwork codlin short he found them all and trust me that the man who fed the furnace fire was not forgotten kid's story having got abroad raised him up a host of friends and many offers of provision for his future life he had no idea at first of ever quitting mr. garland service but after serious remonstrance and advice from that gentleman began to contemplate the possibility of such a change being brought about in time a good post was procured for him with the rapidity which took away his breath by some of the gentlemen who had believed him guilty of the offense laid to his charge and who had acted upon that belief through the same kind agency his mother was secured from want and made quite happy thus, as kid often said his great misfortune turned out to be the source of all his subsequent prosperity did kid live a single man all his days or did he marry of course he married and who should be his wife but Barbara and the best of it was he married so soon that little jacob was an uncle before the calves of his legs already mentioned in this history had ever been encased in broad-cloth pantaloons though that was not quite the best either for of necessity the baby was an uncle too the delight of kid's mother and of Barbara's mother upon the great occasion is past all telling finding they agreed so well on that and on all other subjects they took up their abode together and were a most harmonious pair of friends from that time forth and hadn't asked his cause to bless itself for they're all going together once a quarter to the pit and didn't kid's mother always say when they painted the outside that kid's last treat had helped to that and wonder what the manager would feel if he but knew it as they passed his house when kid had children six and seven years old there was a Barbara among them and a pretty Barbara she was nor was there wanting an exact facsimile in copy of little Jacob as he appeared in those remote times when they taught him what oysters meant of course there was an able own godson to the Mr. Garland of that name and there was a dick who Mr. Swivelard did especially favor the little group would often gather round him of a night and beg him to tell again that story of good Miss Nell who died this kid would do and when they cried to hear it wishing it longer too he would teach them how she had gone to heaven as all good people did and how if they were good like her they might hope to be there too one day and to see and know her as he had done when he was quite a boy then he would relate to them how needy he used to be and how she had taught him what he was otherwise too poor to learn and how the old man had been used to say she always laughs at kid at which they would brush away their tears and laugh themselves to think that she had done so and be again quite merry he sometimes took them to the street where she had lived but new improvements had altered it so much it was not like the same the old house had been long ago pulled down and a fine broad road was in its place at first he would draw with his sticker square upon the ground to show them where it used to stand but he soon became uncertain of the spot and could only say it was thereabouts he thought and that these alterations were confusing such are the changes which a few years bring about and so do things pass away like a tale that is told End of chapter 73 End of The Old Curiosity Shop by Charles Dickens


Welcome to the Rich TV Live podcast. I'm your host Richard D'Souza and today we're going to talk about the hottest stocks of the day. Also some big news with Bitcoin. Bitcoin exploded almost around 30,000 US on news that the Bitcoin spot ETF with BlackRock was approved. The Bitcoin went crazy. Everybody was excited. Everybody was celebrating. Bitcoin was up 11% at one point. And then the news came out that it was fake news, that it has not been approved by the SEC, the Bitcoin spot ETF with BlackRock.  So that's good news. And maybe where there's smoke, there's fire. And this could be a sign of what's to come. So let's take a look at what's going on in the charts today. And then we'll take a look at Bitcoin. Here we go. Alright. First and foremost, I want to show you what's going on with the Dow Jones. The Dow Jones is up 322 basis points, 0.96%. The S&P 500 is also in the green. So good to see the S&P 500 in the green 44 basis points or 1%. And the NASDAQ is also green 1% as well. The VIX is red, gold is slightly red and oil is slightly red. So that's what's going on in the overall market. So we're having a green day. Alright. So this is TradingView and we are looking at TPST, which is up now 87% on the day. We did talk to you about them last week. They had some really good news. And now they're having another big day today, up 87%. So put TPST on your radar and on your watch list. You can see over the last five days, it's been very bullish. It did retrace where investors took profits and now it's making another move up. So definitely one to watch and one that you should have on your radar. Here's MTC. They're up 61% on the day. When we look at the yearly chart, you can see a stock that's come down a lot. This is something that we've noticed a trend with a lot of stocks. They've been much higher, especially small caps and penny stocks. They've been much higher. A lot of them have come back down and now some of them are doing these dead cap balances where they start to really move on news. So one to definitely watch MTC, like this big candle here today, put on your radar, put on your watch list. Alright, let's take a look at some more. What else is happening? MNTS. MNTS is up 56%. We look at the one year chart, a lot of the same, like these charts all look so similar. It's been over $60 and right now sitting at four bucks and been as low as pennies. So pretty crazy how they go from $70 down to pennies. Now it's back to $4. So take a look at the one month chart and you can see that it's literally come up from the dollar zone up to the $4 zone. So very bullish price action on MNTS. Put on your radar and put on your watch list. Here's PCTI up 47%. So big move here. Look on the daily chart. You can see that this was mostly all pre-market. It's kind of going sideways now. PCTI. And this is the yearly chart. So PCTI just hit a 52 week high. So another stock you should be aware of. Put on your radar and put on your watch list. Here's PCSA. They're also having a nice day up 31%. You can see another one that's come down over the year and doing a dead cap bounce, most likely on news. Here's DXF, another one that's up 30%. Another one that's down for the year. And if we look at the daily chart, you can see big move for the day DXF up 30%. Now remember Rich TV Live is strictly for information and education purposes.  And past performance is not always indication of future results. Here's Lulu Lemon having a big day today up 10% on news that they are being added to the S&P 500. So big day for Lulu Lemon, definitely one that you should be aware of and you should have on your radar and on your watch list. Here's Pfizer going up 4% on news that they are cutting their forecast. I don't really see why it's going up on news that they're cutting the forecast, but it's up. So definitely want to put on your radar and put on your watches. As you can see, they've been down all year. Okay, here's Bitcoin. So we're going to show you what happened here on Bitcoin. And you can clearly see this big spike up here today where they went as high as 30,000. Just under 30,000 on news that they have been approved for a Bitcoin spot ETF with BlackRock and the SEC. But the SEC and BlackRock have both come out saying that it's not true. So after this spike, it's consolidated. However, it is staying up over 28,000. So that's a very good sign that maybe this approval will happen, but it just isn't going to happen this second. Maybe someone knows something. That's kind of how rumors start. And someone jumped the gun and kind of wanted people to know that this is going to get approved. And that created that shockwave that sent Bitcoin almost the 30,000. And then when news came out that it wasn't true, you immediately saw the sell-off. So we've been charting Bitcoin all year and you can see clearly that this has been a move that we've been anticipating. We've been talking about. I've been personally talking about it. I did tell you that I thought we'd see Bitcoin go back to 30,000 between October and November. I said that this is a seasonality type season at this point in time of the year where Bitcoin typically does well. You can see that it did drop in August and September off a cliff here where it was over 30,000 and then dropped. And now we're starting to go back to that 30,000 mark. So hopefully this Bitcoin spot ETF does get approved and it gets approved soon. And then there's about nine of them that are looking to get approved.  As soon as this news broke, Bitcoin ran up 11% very, very quickly. So I think there'll be great news for Bitcoin and a great catalyst. And obviously full disclosure, I'm a holder of Bitcoin. I'm not telling you to buy Bitcoin. I'm just trying to educate you, entertain you. And hopefully you're learning something from these videos and these trainings. If you have any questions, please put your comments on social media. Do my best to answer your comments. If you like these videos, please smash the likes wherever we are streaming on all devices. And if you haven't subscribed to us on all platforms, please subscribe for future updates. I'm your host of the most. You're more rich and rich to be live. If you're not winning, probably not watching. Bringing the winners, CEO interviews, breaking news, trending topics, and we bring it to you first big day for Bitcoin. It was a little bit of a false, false move, but it was nice to see nonetheless. Here's the day on Ethereum. They're also up 1% right now. But you can see Ethereum also made that big move and then dropped as well. So a lot of anticipation. It was fake news. But I believe where there's smoke, there's fire and I believe there's something's coming. So stay tuned. Get your popcorn ready. We'll keep you updated on everything that's happening. And the biggest mover of the day right now, TPST, like I said, up 83%. Thank you for watching. I'm your host of the most. You're more rich, you're more to be live. And I'm out. Peace.