Chasing Mag 7 stocks at record highs? The math doesn't add up anymore. You're looking at massive position sizes just to move the needle, then you eat a brutal drawdown when the cycle turns in an election year. That's a sucker's bet.

Institutional money gets this. Why lock capital into bloated valuations when the upside is capped? Sketchy crypto plays offer something different—higher volatility means tighter positions, fatter returns on the downside. Less capital deployed, way more optionality. Hedge funds aren't stupid about this. They're already shifting weight.