Renowned fund manager Steve Diggle has observed striking parallels to the global financial crisis, indicating that leverage is becoming concentrated in private equity and private credit markets. As he re-engages in volatility strategies, Diggle warns of potential instability reminiscent of 2008, due to significant amounts of leverage within these sectors. Investors are urged to pay attention to these warning signs, as they could lead to broader repercussions in the financial landscape. With evolving market dynamics and increasing uncertainty, proactive investment strategies may be necessary. Experienced investors might recalibrate their approaches in response to these insights from Diggle.