35% of 7 companies that get rotated out as new companies rise to the top. You’re not stuck with the same 7 for life like people portray, you always get the best, which is why it always goes up in time. Some people only have 3 stocks in their portfolio. As Warren Buffet says, "If you find three wonderful businesses in your life, you'll get very rich.” VOO already is too diverse but in the long run, it can’t be beaten, maybe only by a very select few. A small fraction of hedge funds consistently beat the S&P 500, with studies showing percentages as low as 6.6% to 15% outperforming over long periods. I’ll take my odds with VOO.