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August 5, 20265 min readUpdated August 14, 2026

Lean Balanced

By Stephane Renevier

This research note is part of full access

Global stocks, long Treasuries, gold, and broad commodities — rebalanced once a year.

For information and education only — nothing here is investment advice. Backtested and live results are shown with their assumptions; past performance does not guarantee future returns.

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Education and analysis, not investment advice. Past performance does not guarantee future returns; backtested and simulated results have inherent limitations.