After 1yr of constantly researching finance/markets, this is where I landed. 12.5% CAGR backtest linked. Each position explained.

{"summary": "Author defends bonds as a diversifier with positive expected returns and Sharpe improvement, questions SPUC as suboptimal, considers JPM's JPFP as an alternative, plans yearly-to-biennial rebalancing accepting tax drag, and runs a small DeFi allocation (0.5-1%) on Loopscale via ONYC tokenized reinsurance strategies targeting 12-25% yield.", "reason": "Accepted: contains reasoned portfolio-construction arguments and a specific DeFi yield strategy with named platforms.", "ideas": [{"symbol": "JPFP", "direction": "watch", "thesis": "The author considers JPMorgan's JPFP as a potentially better alternative to SPUC for their bond/portfolio sleeve, reasoning that a large asset manager's funds should be decent. No specific catalyst or timeframe is given beyond a general portfolio rebalancing plan. Main risk implied is that the choice is speculative and unverified.", "thesis_short": "Considering JPFP over SPUC for bond sleeve", "quote": "SPUC is probably suboptimal. In that case maybe I’ll go with JPM’s JPFP? They’re a large asset manager, surely their MFs would be decent.", "confidence": 0.55, "sentiment": 0.2, "timeframe": "unspecified"}, {"symbol": "ONYC", "direction": "long", "thesis": "The author allocates 0.5-1% of their portfolio to DeFi strategies on Loopscale using ONYC tokenized reinsurance, targeting 12-25% yields. The mechanism is earning high yield on a small speculative sleeve of an otherwise diversified portfolio. Main risk is the small size and speculative nature of tokenized reinsurance DeFi.", "thesis_short": "Small DeFi sleeve in ONYC reinsurance yield", "quote": "In terms of crypto I just do some DeFi stuff with 0.5-1% of the portfolio yielding 12-25% on Loopscale. Doing ONYC strategies, that is tokenized reinsurance.", "confidence": 0.6, "sentiment": 0.4, "timeframe": "unspecified"}], "model": "deepseek-v4-flash"}