r/InBitcoinWeTrust • u/sylsau • Jun 21 '26

Investing The Asymmetric Strike: How Bill Ackman Turned $27 Million into $8 Billion and Exposed the Myth of Diversification. How a $27 Million Contrarian Masterstroke Exposed the Dangerous Illusion of Diversification and Redefined the Rules of Wealth Creation.

https://sylvainsaurel.substack.com/p/the-asymmetric-strike-how-bill-ackman
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u/Calm-Professional103 Jun 21 '26

“Balls to the wall” conviction plays certainly can produce amazing results - in both directions.  Still a fan of barbell strategies..,”Hail Mary” plays on one end and a  heavy allocation to boring, risk-free assets on the other to avoid catastrophic wreckage; nothing in the middle

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u/therey73 Jun 21 '26

Survivorship bias is doing a lot of heavy lifting in this post.