I was happy to discover that after a while (a year or so) running improved my thinking. I have my best ideas when running, and do most of my programming that way. I return to my desk and type it in.
I've lifted weights for years, and it does not have this effect.
Running, to me, is not "lost time". It's very productive time.
I've done some tris, but mainly prefer to just do the elements, usually 1-2 at a time. But I also surf, which takes time and money (at least enough to live near the coast) and that's not ergically expensive. But there is a "blue sky" effect. Some of the biggest, most important thoughts I've had are alone in the cold dawn waters waiting for a wave. Others have been while chatting with a trusted confidante on the bike or the trail (no one talks while swimming, that I know of...).
I've lifted weights for years, and it does not have this effect.
Running, to me, is not "lost time". It's very productive time.