I think the actual take is probably closer to “I wish we went back to a time when record companies would take a bet on anyone, regardless of the overall package, looks etc”
Which tbh, is probably more of a fairy tale view of years olden days than anything else.
This is my approach.
I have hubris. But also some self-awareness.
20-50% into broad market indexes. 50-70% into messing around and generic picks.
Of my own picks, only a few have outperformed the s&p50p. Some are… not good. If I happen to find another nvidia I’ll be very happy. If I don’t, I’ll be able to retire at a not unreasonable age.