The U-turn pattern

The U-turn pattern describes how allocation changes across the wealth journey: ordinary savers are weakly diversified, the wealth-building band is heavily concentrated (usually in one operating business), and the post-exit wealthy re-diversify into broad portfolios to preserve. Studying rich people’s portfolios before you have wealth is studying the exit ramp before you’ve driven the highway — both matter, in the right order.

First used in: 0.3 · The three engines and the ladder