The Wolf Of All Streets Wall Street Legend Rick Edelman: 40% of Your Portfolio Should Be Bitcoin And Crypto
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Jul 27, 2025 Ric Edelman, a legendary financial advisor and founder of the largest RIA firm, argues passionately for the inclusion of crypto in every investment portfolio. He critiques the outdated 60/40 model, suggesting that Bitcoin could be key in closing the wealth gap. Discussing trends like institutional adoption, Edelman explains how younger investors can benefit from Bitcoin's volatility, viewing it as a feature rather than a flaw. He emphasizes the need for financial advisors to get educated on crypto to better serve clients in this evolving landscape.
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Bitcoin's Risk Decreases Over Time
- Ric Edelman highlights that Bitcoin's risk level has decreased over the past five years.
- Institutional adoption and regulatory support have significantly improved Bitcoin's growth potential.
60-40 Portfolio Model Is Dead
- Edelman declares the traditional 60-40 portfolio model is obsolete due to increased longevity and new alternatives.
- He proposes an 80-20 portfolio with 80% equities, including 10% crypto, for better growth and risk management.
Volatility Is A Feature Not Bug
- Bitcoin's volatility is a benefit, enhancing opportunities for portfolio rebalancing and higher returns.
- Using volatility as a reason to avoid Bitcoin misses its diversification advantage in a portfolio.
