Concentration to Diversification

Wealth is built by concentration and kept by diversification. Why the switch is an identity decision, the barbell model, and the order to de-risk in, on one page.

You build wealth by concentrating, then you sell, and the rules invert. The same conviction that made the money is what tends to lose it. The switch is more of an identity decision than a financial one.

This one-page guide covers the two mindsets, the barbell model, and the order to de-risk in.

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