Umar(@umar_xbt):Based16z reveals the barbell strategy behind his biggest trades “I keep roughly 70% of my portfolio in short-term Treasuries, then use everything else for large bets where I have extremely strong conviction.” “If I blow up the entire high-conviction book, I still have 70% remaining to try again. I’ve always viewed my portfolio as a collection of bullets.” “I may allocate a little toward real estate because renting has become annoying, but it would be a lifestyle decision. I’m not particularly bullish on the asset.”

2026.10.20 18:34

Based16z reveals the barbell strategy behind his biggest trades “I keep roughly 70% of my portfolio in short-term Treasuries, then use everything else for large bets where I have extremely strong conviction.” “If I blow up the entire high-conviction book, I still have 70% remaining to try again. I’ve always viewed my portfolio as a collection of bullets.” “I may allocate a little toward real estate because renting has become annoying, but it would be a lifestyle decision. I’m not particularly bullish on the asset.”