The ETF is trading cheap to NAV right now; we can arb this by buying the ETF and selling the underlying constituents.

That single flu vaccine factory is now merely a small part of a complex national vaccine manufacturing and distribution supply chain and delivery system, run by a web of scientists, doctors, nurses, cybersecurity teams, testers, military specialists, lorry drivers and a non-uniformed army of cheerful volunteers.

When parties talk about the cost of applying the railway system to the docks, it would be well for them to consider the cost of not applying it. […] How large an amount of expense is now incurred for cartage and porterage which might be saved by the employment of a different system?

Tom was skeptical when Paul told him that he saw Bigfoot.