[bpt3]

I'm not underestimating its impact.

Of course the recession that would likely occur if/when the AI spending merry go round comes to an ends would have a negative impact on the entire economy. In that scenario, would you rather own a stock that's going to zero, or one has taken a hit because of the other company going to zero but still has a viable long term business?

Would you rather have an unusually large concentration in a few very specific companies in your portfolio, or have increased diversity (and therefore lower risk) in this unprecedented scenario?