BTW, Warren Buffet is ridiculously overweight in just a few stocks at 93 (I believe just three stocks, with one being AAPL, are more than 50% of his entire equity portfolio). Is he chasing the performance or just being competitive?
I am not really disagreeing with you on the concentration point, especially once bitcoin was discovered/invented.. I can see how any newbie could start out with just BTC and cash and then ONLY diversify after a few years of building his holdings.. diversification is not needed in the beginning of investing, but it does become more necessary once a person has built up his investment portfolio, perhaps when it starts to get anywhere between 25% to 2x of annual income, then maybe diversification starts to become necessary...
And in regards to Buffet's diversification, isn't Berkshire already diversified within itself? or are you referring to something else?
They (Berkshire) are NOT diversified, really...see the link (more than 50% of equity in one stock-AAPL.
https://hedgefollow.com/funds/Berkshire+HathawayThat's the 'crazy' thing about it. 50% of ALL equity portfolio in ONE stock (AAPL).
WB is being jelly of Michael Saylor?
BTW, see my edit3-currently 68.7% in btc (vs yours 75%)-we are truly moving in parallel, or so it seems: almost the same year to start, roughly the same current btc %.
There maybe more stories like ours (maybe simply bacause we started at approximately the same time). Loved the incremeltalism vs chunkenism, lol...currently I am in "doing nothing" state, though