The Rentier is busy doing many things but portfolio management. As presented in previous publications, they can allocate once and for all 25% of their savings in four repulsive asset classes: equities, long-term government bonds, gold, and cash. The outcome is a four-body stable system with remarkable statistical properties, successfully riding inflation, disinflation, booms, and busts for 70 years.
The Rentier’s portfolio passed its live stress test last week. However, today, the Rentier still does not sleep well at night given what he sees on TV.
They are searching for a cunning plan.