🔥 What would $10,000 from 15 years ago become today?

$NVIDIA(NVDA.US): $4,481,778

$Tesla(TSLA.US): $2,413,375

$Broadcom(AVGO.US): $1,286,520

$Axon Enterprise(AXON.US): $1,046,360

$Micron Tech(MU.US): $436,663

$AMD(AMD.US): $339,498

$Netflix(NFLX.US): $292,222

$Amazon(AMZN.US): $280,898

$Alphabet(GOOGL.US): $259,475

$Apple(AAPL.US): $228,047

$Mastercard(MA.US): $196,730

$Microsoft(MSFT.US): $168,568

$Visa(V.US): $167,535

Even though it's the same $10,000, the difference in results is orders of magnitude.

This set of data itself illustrates one thing:

Long-term returns are not evenly distributed; they are concentrated in a few companies.

Most companies provide steady growth,

but what truly changes portfolio outcomes are often the rare, outsized winners.

This is also why, looking back at history, the results seem "obvious,"

but in the present moment, it's very difficult to identify them in advance.

A more realistic question is:

If given another chance, would you lean more towards diversified holdings, or concentrate on the few companies you truly believe in?