Independence capital stack
Allocate for optionality
A simple approach to allocation when your goal is resilience, upside, and staying hard to corner.
Allocation is about range
If your portfolio design removes all room to move, it is not especially elegant.
Optionality-minded allocation asks:
- what keeps me resilient
- what keeps me liquid
- what gives me sensible upside
Keep the framework simple
You do not need twenty clever buckets. You need a structure you can explain clearly on a normal Wednesday.