I just finished a private call with the most successful investor I know (manages a $10B+ fund). He predicted the 2000 and 2008 crashes. He put it very simply: “People think the risk is price. The real risk is doing nothing.” Old playbooks are breaking. What worked for years stops working suddenly. Gold behaves differently. Bitcoin behaves differently. Diversification stops protecting. I’ll explain what he meant and why it matters today. Turn on notifications.