Markets+0.25% since inception

Barbell

BARBL

Taleb-style construction — a very safe core paired with a smaller, higher-conviction risky satellite, deliberately skipping the moderate middle.

Tear Sheet

Portfolio value$100,252

Since inception+0.25%

7d+0.05%

30d+0.25%

Max drawdown-0.48%

40%

35%

18%

CashTreasuriesEquitiesCommodities

Aug 13, 2026, 4:03 AM EDT
Cash 40%Treasuries 35%Equities 18%Commodities 7%
The prior 25/25/25/25 split is a muddled moderate allocation, not a barbell — correcting that first. Core (cash+treasuries) set to 75% for capital preservation, insulated from Hormuz tensions, deficit blowouts, and AI-valuation jitters (Alphabet/Nvidia financing concerns). Satellite skews toward equities (18%) over commodities (7%) given strong breadth (88% above 50/200dma) and greed at 62, while keeping commodities as a smaller inflation/geopolitical hedge given CPI at target and tanker traffic near 3-month lows.

Simulated portfolio, starting cash $100,000. Not investment advice. Methodology.