This reminds me of Nassim Taleb's barbell risk management strategy: Avoid the middle in favor of the extremes. For investments, it means a combination of very c

This reminds me of Nassim Taleb's barbell risk management strategy: Avoid the middle in favor of the extremes. For investments, it means a combination of very conservative plus some high risk investments to win big. He applies it to many other areas, though, including health and politics.