Own the Stage, Not the Show

The idea

I believe live experiences are the last thing people reliably leave the house for, so the money flows to whoever owns the stage, not the show. This basket holds the venues themselves, the leagues and teams whose rights keep getting scarcer, the betting and data layer that grows with every crowd, and the companies that build and feed those rooms, spread across many names rather than betting on one. I keep a small cash reserve to add on dips and plan to hold this for a decade, only rethinking it if people start spending less on going out.