Nice post, I'd like to add few more information. Whatever the investment, it should to take into account geographical and geopolitical factors. EA is mostly concentrated in United States and few other countries, notably in Europe, which is in a vulnerable position right now.
There's no enough diversification in this regard, and it is a major risk. FTX probably would not have happened the same way in other countries. I doubt a similar company registered in a country where you do not need to "Make money" to succeed and prove your social status would have passed below radars as easily (ex: Denmark, Sweden, Switzerland) .
Similarly, "Tech Stock" do not necessarily need to be in the US. I would suggest to look for diversification in LATAM (Brasil), Africa (Nigeria for instance), and Asia (India /China /Indonesia notably). China is much more advanced technology speaking that most Americans would think, notably in terms of AI
Finally, EA tend to think of ROI in terms of "Dollar". We have seen currencies being highly volatile last few years. I would consider adding other comparisons (ex: per ounce/kg of gold), as this takes into account other factors.
In short: real diversification should be "Non-US-centered". Then, it's up to everyone to decide how much US-centered diversification shoud be
Nice post, I'd like to add few more information. Whatever the investment, it should to take into account geographical and geopolitical factors. EA is mostly concentrated in United States and few other countries, notably in Europe, which is in a vulnerable position right now.
There's no enough diversification in this regard, and it is a major risk. FTX probably would not have happened the same way in other countries. I doubt a similar company registered in a country where you do not need to "Make money" to succeed and prove your social status would have passed below radars as easily (ex: Denmark, Sweden, Switzerland) .
Similarly, "Tech Stock" do not necessarily need to be in the US. I would suggest to look for diversification in LATAM (Brasil), Africa (Nigeria for instance), and Asia (India /China /Indonesia notably). China is much more advanced technology speaking that most Americans would think, notably in terms of AI
Finally, EA tend to think of ROI in terms of "Dollar". We have seen currencies being highly volatile last few years. I would consider adding other comparisons (ex: per ounce/kg of gold), as this takes into account other factors.
In short: real diversification should be "Non-US-centered". Then, it's up to everyone to decide how much US-centered diversification shoud be