Sure. You could do even better: keep your computer on at all times and keep everything you do in RAM. No encryption is necessary here, just a $100 UPS and your laptop's own battery.
The problem with all these comments about "what if I give half of my phrase to a friend?" or "what if I write it in the dust at the entrance to my house and the FBI wipes it away when they bust in?" is that it doesn't really address the core issue. There is no technological solution to this situation:
1. The gov't can just give up on the idea of looking at encrypted drives. Not likely and possibly bad for society as a whole. I am not able to judge that.
2. The judge can just refuse to understand that there is no way to decrypt the drive and hold you in contempt of the court indefinitely at which point you'll be cursing yourself for not burying the passphrase chiseled into a stone in your back yard.
3. The gov't makes it illegal to encrypt drives without giving them the keys. At best this is done through some kind of third-party escrow service so that an actual warrant needs to be given before the key is given out. At worst, you just drop off your encryption keys with the nearest post office.
4. There is no #4. The judicial system won't just go "well, this guy has an encrypted drive and we can't get in. Let's just let him go since he clearly outsmarted us." They either will find something else on you, or compel you to decrypt the drive.
Like I said, there is no technical solution, only social/behavioral. Encryption became too sophisticated and there isn't much that we can do nowadays.