Just read this from a paper from Clif Asness. Organizations aiming for a 5% real return are in a difficult position now. Traditional diversified portfolios of equities and bonds are not positioned to get you there. You need something different, less explored, to get to that target return.

Most recent options implied equity forecasts posted here. As usual, this is not investment advice. Interpretation of these figures is up to the individual investor. To receive these forecasts before they are posted on BSKY, signup for the newsletter at: www.placidsoundcapital.com/newsletter-s...

TLT was trading at $87.20 this morning. I suggested to sell their TLT, earn 3.8% interest (their funds are custodied at Interactive Brokers), and sell an $84 strike put expiring in August for $1.60. Check out the table to see how the returns would look under a few different scenarios.

I will post the options-implied expected 3-month returns for a few key equity indices each month. I will send them out first via our newsletter, which you can sign up for at www.placidsoundcapital.com/newsletter-s.... The options-implied forecasts through July 31 2025 are posted below.

Reposting the options implied market expected returns for major stock indices as calculated April 16. You can sign to received these options implied market expected returns each month at:

www.placidsoundcapital.com/newsletter-s...

And yet, it is not true. This graph is for options with 1 week to maturity.

Here is the graph in the article. It seems like he made a huge dent in the problem.