Ok, maybe some confirmation bias and Buffettology but I enjoyed this piece by Robert Pozen (5 minute read) which resonated with my own (and my late father’s) 90-95% equity strategy over the decades.

Traditional Financial Wisdom Says a 60-40 Portfolio Is Best. Is That Still True?
barrons.com - Traditional financial wisdom says a portfolio is best is that still true

Excerpt:

“…Bonds just aren’t as attractive as stocks. While the positive returns on stocks are driven mainly by the growth of company earnings, the returns on bonds are driven mainly by interest rates, which depend upon macroeconomic conditions and government policies. In inflationary periods, interest rates are high and bonds do poorly. And although high interest rates can also adversely affect stocks, successful companies have leverage. They can raise prices, control costs, and increase earnings.

As a result, the returns of stocks are better than those of bonds in most inflationary periods. When annual inflation averaged more than 8% between 1972 and 1982, the average nominal total returns of the S&P 500 were 7.7%, as compared with 5.7% for 10-year Treasuries. During a more recent inflationary period, 2021 to 2024, the annual nominal total returns for the S&P 500 and the 10-year were 13.5% and -5.4%, respectively...”