About this episode
In this episode we answer emails from Connor, Zachary and Brian. We discuss fund selection, doing the Big Law dance, portfolio construction basics and analyzing alternatives, and a partial retirement drawdown scenario involving early withdrawals, avoiding temptations to market time based on recent performances and funding a vacation property with a dedicated portfolio.But first we thank donors supporting Fairfax CASA and share Jillian Johnsrud’s moving story about adoption, foster care, and how a steadfast CASA changed her kids’ lives.Links:Fairfax CASA Donation Page: Donate - Fairfax CASAFather McKenna Center Donation Page: Donate - Father McKenna Center"Retire Often" by Jillian Johnsrud: Book | Retire OftenBridgewater Paper Describing the Four Quadrant Model: Microsoft Word - 2009.12 AW Info Pack.docBlog Article Describing Risk Parity Principles and the Four Quadrant Model: 15 Uncorrelated Assets | SSiSVideo Describing Correlations of Alternatives (start timestamp 1:10): iMGP DBi Managed Futures Strategy ETF Update with Andrew Beer | January 2026Breathless AI-Bot Summary: A single constant can change a child’s life. That’s the heart of Jillian Johnsrud’s adoption and CASA story, where a determined CASA volunteer carried the full thread of her kids’ journey through seven case managers and years of upheaval. We open with gratitude for Fairfax CASA donors and a candid look at what Court Appointed Special Advocates really do: show up, remember, advocate, and persist in an unreasonably hard job that needs every ounce of support we can give.From there we pivot to the questions you care about. We unpack why SCHG works fine as a large cap growth sleeve and then dive into a pragmatic guide to risk parity. Using a four-quadrant map of growth and inflation, we explain how to pair equities with long-term Treasuries, gold, and managed futures to raise safe withdrawal rates without pretending to predict the future. You’ll hear how uncorrelated return streams and disciplined rebalancing—Shannon’s Demon in action—turn volatility into a feature, not a bug. We also draw a bright line between true diversifiers and crowded “alts” that secretly track stocks.We get tactical: how to treat accounts as one portfolio while keeping extra liquidity in taxable during a low-stress, lower-income phase; when to tax-gain harvest; and why tilting heavily into whatever just outperformed (gold now, bonds avoided) is classic recency bias. For those juggling work and li
