[arcticbull]

> For the record I am in on crypto including Dogecoin, just as I am in on FAANG, just as I am in on index funds, just as I am in on property.

All but one of those is positive sum. One of them is negative sum.

> I honestly people not diversifying would be hubris.

There's an infinite set of things you can diversify into. Speculative mania does't have to make the list. It can, but it certainly doesn't have to.

I personally believe everyone should allocate 5% of their portfolio to GameStop. There's only 69 million shares outstanding, that's not enough for all the world's millionaires to own just two! I'm as in on GameStop as I am index funds, and real estate, and various tech picks.

[anonymoushn]

positive sum land ownership?

[arcticbull]

Well, you need a place to live right? So that's rent you would otherwise have been paying to someone else. If it's a secondary property and you rent it out, it's a positive sum because someone is paying you rent.