**Diversification is dying.**

For every **&#036;1** invested in the **S&P 500**, its **10 largest stocks** get about **41 cents**: **Nvidia** (**&#036;NVDA**) **8 cents**, **Apple** (**&#036;AAPL**) **7 cents**, **Microsoft** (**&#036;MSFT**) and **Alphabet** (**&#036;GOOGL**) **6 cents** each, and **Amazon** (**&#036;AMZN**) **4 cents**.

**Broadcom**, **Meta**, **Tesla**, **Micron** and **AMD** add **10 cents**. The top **10 stocks** represent almost **2x** the allocation of **402 other companies**, which account for **23 cents**. Big Tech effectively is the market

**** **[@venture](https://t.me/venture)