Most single stocks eventually go to zero. Still think yours is different?

The math says your concentrated stock position is a bad bet.

Most people sitting on a big position think:

“My company is special.”
“My insight is unique.”
“I’ll get the timing right.”

The math doesn’t care.

Over long periods, the most common outcome for an individual stock is eventually going to zero.

The favorable, asymmetric return distribution everyone talks about exists at the market level, not at the single-stock level.

In the new video, I walk through:

• Why higher volatility in a single stock tilts the odds toward permanent loss
• How the median outcome for a high‑vol stock over 10–20 years is far worse than people think
• And how we help clients diversify out of 7- and 8-figure positions in a tax-aware way

If you’re sitting on:

• IPO stock
• RSUs or options that have appreciated significantly
• Or a huge legacy position in one name

…this is for you.