Insights on the 'Awesome Portfolio' strategy

The 'awesome portfolio' is a simple, boring, and diversified investment strategy consisting of 20% stocks, 20% bonds, 20% cash, 20% gold, and 20% real estate. Since 1971, it has annually returned about 8.1% with a maximum drawdown of -9.8% in 2008. This portfolio is designed to minimize volatility and drawdowns, offering half the volatility of an 80-20 portfolio while still providing a solid 8.1% annual return.