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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: AdrianC   😊 😞
Number: of 21107 
Subject: Re: OT 90/10 portfolio (Barron’s)
Date: 06/24/26 10:30 AM
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No. of Recommendations: 3
…Bonds just aren’t as attractive as stocks.

But we don't hold bonds for high returns. We hold them because we can't handle seeing our net worth drop by 50%*. So, we offset a bit, or a lot, with some "bonds".

I'm counting T-bills as "bonds", the 10% in the Buffett 90/10 portfolio.

* Really happened to me in 08/09. Down 50-odd% at one point. Vowed never to do that again. Currently 80% stocks, with the 20% being more than total net worth in 2008.
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