I think the trouble you are experiencing is you are basically asking people to change or update their whole framework for looking at the world. The identity portion is to some extent a load bearing column. It's like asking a hunter gatherer to think about individual property rights.
I think the risk for increasing your bond exposure as compensation would be if instead of a low growth/low inflation scenario (Bonds do well) there's a low growth+high inflation scenario (1940s, 1970s, 2022) and the negative correlation between stocks and bonds doesn't hold.
Yeah, but in the abstract that's just saying "if you time the market, you can beat it", and we know that generally, the only way people are able to time the market is with random luck.
And more specifically, it's not low growth/high inflation that kills bond portfolio returns, it's interest rates increasing that devalue bonds, i.e. the transition from low inflation to high inflation. So yeah, you can construct a portfolio that hedges against that... but I'd be surprised if you can do it without decreasing your risk-adjusted expected returns below a plain stock/bond index fund - whatever hedging method you use is either going to increase your interest-rate risk (bonds), or your inflation-rate risk (cash), or is going to limit your upside (buffer etfs), or is just going sap your upfront returns (protective puts).
In that sense, isn't the 60/40 or Boglehead perspective also timing the market, in the sense that you are betting the regime of the past will continue into the near future?
To me the diversification hedge options (say GUNR) seem like they are helping you get closer to regime neutral. Or in other words you are giving up returns to cover more macro scenarios and betting less on what the future looks like.
Regardless of whether it's a good idea, it absolutely happens and as a result would impact retirees, both in individually managed accounts and target date funds. For example here 70+ are 45% equity.[1] TROW retirement 2020 funds are about 50% stock, for example, and only decrease to a floor of 30%.
Looking at for example 1965, the top 10 of the S&P500 were, rounded, ATT 9%, GM 7%, Exxon (4%) IBM (4%) DuPont (3%) Texaco (3%) Sears (3%) GE 2%, Kodak 2%, Gulf 1%, for a total of 38%.
This is pretty close to current concentration, but the current top 10% is basically all technology except for Eli Lily at 1.5%, so in that sense it's arguably unprecedented.
There's a good chart here on page 5 of top 10 weights over time, and on 6 of how the 1965 top 10 fared to 2025.
For the lyrics/vocals, the closest I can think of is Brat by MoxiFloxi though the genre isn't quite a match, the lyrics/vibe is sort of their "thing". Maybe one of the Benny Bassani Satisfaction remixes or Halogen - U Got also that but they're further.
There's only so much time we have. If I can filter out a category of music (slop) I know from experience I'm 99% likely to not enjoy I'd like to be able to.
In terms of the country's overall health I think you could argue we've sold industrial capacity for wealth, and it's too early to say if it was a good trade. Reliance on China for Rare Earth Minerals is commonly referenced, [1] but China is in general a major supplier to the DoW, which negatively hampers our ability to for example credibly deter an invasion of Taiwan. Arguably Post WWII Pax Americana, which relies on industrial capacity, has kept the peace more so than economic interdependence. For example Pre WWI Germany and the UK were each others' largest trading partner, and a conflict was argued to be economically unthinkable. [2]
It also increases the immiseration of those in the areas replaced[3], which is likely a contributor to rising populism and political instability. Most of this malaise is just hidden in places like the Rust Belt.
There's a bit of Mad Libs in there as well, you can for example add your own conversation topics or draw your own food items or pets which the characters will then talk to each other about.
