Zooming out

You’ve heard the line a thousand times: “Diversify your portfolio.”
Buy some bonds. Hold some stocks. Sprinkle in gold. Maybe add real estate.

That was the old world.
In 2025, that strategy is broken, and is actually dangerous.

Let’s be clear: diversification is dead.

We're now in a world of hyper-concentration. And if you don’t understand why, you're playing a 20th-century game in a 21st-century battlefield.

The Truth They Don't Tell You

Your biggest enemy today isn’t volatility. Yes, not volatility.

You should see financial volatility as a gift, as financial vitality.
It’s not inflation either.

It’s currency debasement. And it’s happening in front of your eyes, hidden in plain sight.

📉 Global governments are printing money at an average rate of 8% per year to manage rising debt.

📈 Add 2–3% annual inflation on top of that.

That means:
👉 Your true hurdle rate is 11%+

This may shock you but:
If your investments aren’t returning more than 11% annually, you’re losing money in real terms. Quietly. Invisibly.

This is the silent tax. The system is diluting your savings.

Wait… What Happened to the Global Economy?

To understand this new world, you need to understand one thing:

GDP growth = Population growth + Productivity growth + Debt growth

—>Population growth? Declining
—>Productivity growth? Flat to declining
—>Debt? Skyrocketing

Since 2008, governments have been covering the productivity gap by issuing debt… and funding that debt by printing money.
This is the Everything Code. This is the game now.

And it will only accelerate.

Why Diversification Doesn’t Work Anymore

In a system where everything is tied to liquidity, asset classes move together.
You’re not diversified if all your assets react to the same liquidity pulse.

📊 In the last 15 years, the Nasdaq and Bitcoin have been the only assets that consistently beat the 11% hurdle.
Everything else — bonds, REITs, gold, EM stocks — underperformed or barely broke even.

Take a look:

Besides the crypto market and the biggest NASDAQ capitalisations, you're not just underperforming. You're falling behind.

This Is Why You Must Focus

The next five years will define your financial future.

💥 We’re entering a period of massive debt rollovers.
💸 Trillions of dollars will need to be refinanced.
💧 Liquidity injections will come fast and deep to avoid economic collapse.

In this environment, hyper-concentration is not reckless, it’s rational.

If you're not allocating to assets that outperform debasement, you're quietly compounding losses.

So Where Should You Look?

Let’s keep it simple:

✅ Bitcoin has outperformed every asset since inception
✅ Crypto networks have stronger user adoption growth than the internet in the 1990s
✅ Tech platforms with pricing power and digital rails are the only equities that survive

But here’s what matters most:

You can’t own AI.
You can’t own GDP.
You can’t own productivity growth.

But you can own Bitcoin. You can own crypto networks.
And yes, they’re volatile, but they’re beating inflation and debasement year after year.

This Is the Message

📍 If you’re not making at least 11% per year, you're falling behind.
📍 The 60/40 portfolio doesn’t work anymore.
📍 Diversification is a myth in a world where all risk assets are liquidity-dependent.

You’re not diversified. You’re diluted.

The Supermassive Opportunity

We’re just 4% into this game:
Digital assets are only $4T in market cap.
But the trajectory is set:

📈 They’re going to $100 trillion, just like the internet did.
And just like in the 1990s, most people will miss it.

Because they waited.
Because they didn’t understand.
Because they “diversified.”

Don’t let that be your story.

Closing Thought

The smartest investors are already rotating out of deadweight assets.
The megatrend is clear. The rails are being laid.

If you don’t adapt now, it won’t be the market that punishes you. It’ll be your own inaction.

👉 Don’t be that person

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—
Saâd
from Swiss Islamic Finance