Opacity

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.

One thought on “Opacity

  1. Trevor

    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.

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