Grandpa tucked a little Tajikistan into his portfolio last month (10yr bonds auctioned at 7.12%). Grandma loaded up on Fallujah (Iraq auction yielded 6.75%). "The largest SWF on earth is investing with no valuation model but for the rear-view mirror."
http://www.zerohedge.com/news/2017-10-29/worlds-largest-sovereign-wealth-fund-investing-no-valuation-model
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.