Daily tactical plan: flee to T‑bills when the market’s fear gauge overheats; otherwise ride the strongest stock indexes with 3× funds when bonds are healthy; if not, buy the most beaten‑down defensive/real asset plus a tiny bond‑trend hedge. No K‑1.

Each day it picks offense or defense. 1) If a “fear gauge” (a volatility fund) is running hot (a 0–100 speedometer of recent price moves reads >75), it parks in T‑bills (cash‑like). 2) Else if bonds beat cash over ~3 months, it buys the two strongest US stock indexes (Nasdaq 100, S&P 500, Dow 30, small‑caps) using 3× funds. 3) Otherwise it puts ~98% in the most beaten‑down of consumer‑staples stocks, investment‑grade bonds, or diversified commodities (no K‑1), and ~2% long/short long‑Treasuries.

Pareto’s Portfolio uses regime-switching: cash in stress, selective 3x equity bets in favorable regimes, plus a defensive sleeve. No K-1. OOS: ~14% annualized returns with higher drawdowns vs SPY; designed to diversify risk and improve resilience in volatility.