I have added TLI LN and FBD Holdings to the portfolio.  TLI now makes up over 25% of the portfolio, and I'm very happy to hold an asset with fixed income like safety, and equity like returns.  During times when the market is falling, the portfolio should outperform.  If the market rises very sharply indeed, the portfolio should lag.  I think the risk/reward characteristics of TLI make it a great asset to own regardless of whether one has a view on the overall market and what that view is.