Shared by JohnH
HatTip to Dave Lull
132- Life’s Barbells
(Barbells are more robust than monomodal strategies.)
Walk most of the time, sprint as fast as you can on the occasion; never jog.
Fast for long periods of famine, then feast; never diet.
Endorse Nick Clegg & David Cameron, in combination, never labor.
For social life, a linear combination of Fat Tony & philosophers outperforms the frequentation of middle brows.
Go for city-states under loose empires, never nation-states.
Be a flĂ„neur, lounging most of the time; then work as intensely as possible for a maximum of one hour; never work at low intensity –the 4-Hour Workweek.
Do nothing most of the time, then workout like a nut as intensely & unpredictably as possible.
Invest mostly in close to no-risk, (cash inflation protected, 80-90%), and maximal risk securities (10-20%); never in medium risk.
Read trashy gossip magazines and classics or sophisticated works; never the New York Times (or something even more aberrant, Newsweek).
Talk to graduate students or the highest caliber scholars; never, never, never medium academics.
Lose all your money, never half of it.
Respect those who make a living lying down or standing up, never those who do so sitting down.
Separate the holy and the profane.
Do crazy things (break furniture once in a while), like the Greeks and stay “rational” in larger decisions.
If you dislike someone, leave him alone or eliminate him; don’t attack him verbally.
The concern I would have with the 90% portion in cash inflation protected securities is that nominal interest rates can rise without a corresponding rise in inflation. For example, what if investors begin to demand a higher rate than just under 4% for the 30-yr Treasury, if they feel the US gov’t no longer should have a AAA rating status? And all of this happening in a deflationary, instead of an inflationary environment.