By “upside risk” I mean: more upside risk than just holding the market.
By “reasonable” I mean: will not require an arbitrarily long education process to understand/carry out. I work a day job and have other commitments in my life, and I’m not that fundamentally interested in finance/investing. I’m not trying to get anywhere near an efficient frontier, I just want to be able to get upside risk more systematically than “some smart seeming EA/LWer drops a stock/crypto tip in a facebook group”.
By “average”: I assume I’m close to the LW median: I’m comfortable making kelly bets in the $1k - $100k range, depending on details. Mostly in the $10k range.
Are IPO ETFs a good candidate for this?
SPACE SPAC ETFs? Buy and hold cryptocurrencies that aren’t BTC/ETH? Buy and hold BTC/ETH? Sell random call and put options? Something else? Emerging markets ETFs?