I came across a blog I found interesting:
He discusses some topics I wish I had exposure to several years ago.
But I'm practically screaming, "Are you crazy?!! Sell, sell, sell!!!!!!"
I guess the author probably has ~$30 million or more concentrated in company options, and doesn't want to sell because of capital gains taxes. For some reason, he seems to think his company is invincible (must be a Google employee :P ). I have seen enough over the years (especially during the dotcom crash) that I wouldn't be comfortable to be 100% invested in company options. It's true that to achieve extreme wealth financially, you have to be focussed rather than diversified. But to not diversify once you hit $30M, or even $10M, is just plain folly. What do you think?
Enron and WorldCom both seemed invincible at one time.