Thank you so much, what a great comment. I'm trying to get to that diversified portfolio in 2026.

Hah, I am too. Too many "special" situations happening in the world currently and only so much room for positions.

That said, it has never been a better time to truly diversify. There has been a cambrian explosion in the ETF space, where you can even get things like pure-play trend-following in an ETF vehicle on any broker. Obviously Gold is quite alive. Crypto is no longer a joke (just... sometimes), international exposure is as vibrant as ever (no matter where your home country bias may lie, stepping out of the borders offer way more diversification than it did in the past, with the obvious caveat that the world itself is more volatile), and heck, long bonds even pay 5% and offer decent defensive hedging once again (just have to protect against further inflation, but that's what Gold/Trend/Inflation friendly companies are for).

Outside of the megacaps there's even a decent amount of value to be found in the public market. Some sectors that used to be capital incinerators have undergone a huge cultural shift, and I have apparel and energy companies choosing to downsize/sell parts and buy back double digit % shares per year - underappreciated shift in many industries. Just plan for/hedge that massive megacap concentration risk, while not entirely shunning them! Hope you get that ideal portfolio, and now is not the time to totally concentrate in any single country (at least not entirely). Crazy world out there... Cheers!