[LyndsySimon]

> Look at all the wealthy people you know, almost all will have earned their wealth from a single source. They tend to diversify later on in life.

I think this might be reflective of "the bubble". I live in a pretty rural area, and all of the wealthy people I know got there by either being successful in a family business - usually livestock - or by diversifying once they got to ~$150k / year in 2018 money. Most of them have several rental properties and either a small business of their own or have invested in multiple small businesses in the area.

[chollida1]

Farms, small businesses and real estate examples are examples of concentration to make wealth and not diversification.

So it sounds like you agree with me.

What am I missing?