Ric Edelman is the Founder of Digital Assets Council of Financial Professionals, and he is a New York Times #1 best seller of 13 different books. In this conversation we talk about why financial advisors are finally getting excited about bitcoin, conversations they are having with their clients, the death of 60/40, gold, currency debasement, and why Ric has recommended having 10-40% exposure to bitcoin.
=====================
Markets are at all-time highs. Public equities are outperforming. And individual investors are driving it all. It’s officially the rise of the retail investor. On September 12th in NYC, I’m hosting the Independent Investor Summit — a one-day event built exclusively for self-directed investors. We’re bringing together some of the smartest public market investors I know for a full day of macro insights, market predictions, one-on-one fireside chats, and actionable investment ideas from each investor. This is going to be an absolute banger event. Join us if you like markets and think retail is two steps ahead of Wall Street.👉 TICKETS: https://www.independentinvestor.co/ (use promo code POMPYT25)
======================
Check out my NEW show for daily bite-sized breakdowns of the biggest stories in finance, technology, and politics: http://pompdesk.com/
======================
BitcoinOS is bringing Bitcoin into a new era. For the first time, Bitcoiners can access real DeFi across the entire crypto ecosystem, powered by revolutionary zero-knowledge technology. BitcoinOS is powered by $BOS token, which reunites all of crypto around the chain where it all
began. Enter the $BOS token presale and be early to Bitcoin again.
======================
Polkadot is a scalable, secure, and decentralized blockchain technology aimed at creating Web3. Created by Gavin Wood, co-founder of Ethereum, Polkadot empowers users to build decentralized applications with ease. Backed by industry leaders, making it a preferred choice for big names, Polkadot stands out as a leading choice for investors seeking a reliable, future-proof solution in the growing world of Web3 technology. Learn more at https://polkadot.com/.
======================
TimeStamps:
- 0:00 - Intro
- 1:14 - How financial advisors should think about bitcoin
- 6:24 - The best ways to get exposure to bitcoin
- 9:35 - The death of 60/40 and bitcoin should be 40%?
- 18:25 - Should gold be in your portfolio?
22:22 - How to think about technology impact on financial advisors - 24:18 - How financial advisors should explain currency debasement
- 26:45 - What do financial advisors think about other coins?
- 32:15 - How to think about staking
- 33:57 - What are the last obstacles financial advisors need to overcome?
- 41:33 - What is Ric’s focus for the next year?
