[swanson]

Yep -- I understand what I'm buying (well, not buying yet...). Something like this would be a great for a Taleb-esque 90/10 barbell I think -- 90% in target-date vanguard funds and 10% in startup investments by proxy.

[kriro]

Didn't Taleb advocate cash holdings (90%) and high risk investing (10%). I always though that 90% cash was a pretty whacky idea and personally just stick to portfolio theory.

I think your plan (substitution index funds for cash) is already a lot better than what Taleb suggested.

[mapleoin]

Taleb considers the stock-market at large to be extremely risky. He advocates the exact opposite of keeping 90% of your assets in the stock market.

[swanson]

Sorry, I wasn't clear. Taleb-esque in the sense of 90/10 (safe/risky) split, not his specific recommendation. Thanks for clarifying :)