The golden butterfly is really an OG fire portfolio. It comes from Tyler, whom I met back on the boards of early retirement extreme. He came up with a golden butterfly portfolio around 2015 or 2016. This has a success rate of close to 40%, 39.6%.
In this episode we answer an email from Marcy. We discuss the modern and extended histories of the FIRE movement, FIRE movements and FIRE literature of the past from the 19th Century and beyond, the parallels of modern portfolio mistakes with those of FIRE circa 1990, and do a case study of Marcy's FIRE goals and portfolio using Portfolio Visualizer. (Errata -- I said "21%" for two allocations in the third portfolio when I meant 26%.)
And THEN we our go through our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio.