This is novel to me. The last line is critical though, this only works if you are out-investing a maxed out 401k. Meaning, after investing over $20k, if you are investing an additional $100k, you are better off taking risks in that 401k because a moonshot there would be well protected and a loss there would be minor relative to other investments you presumably have.

Thanks for sharing, but for most this is, as you said, terrible investment advice.