E16. From Fringe to Foundational: The Case for Bitcoin in the Modern Portfolio
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In this episode, Rodrigo Gordillo, President of ReSolve Asset Management Global, and Mike Philbrick, CEO of ReSolve Asset Management Global unpack Ric Edelman’s bold argument for allocating 10–40% of a portfolio to Bitcoin. They explore how Bitcoin is evolving from a fringe asset to a foundational one, discuss its role alongside gold, and examine the structural shifts—from regulatory clarity to ETF innovation—that are driving institutional adoption. If you're rethinking diversification in a changing economic landscape, this conversation delivers the key insights. (0:00) Introduction to the Get Stacked Investment Podcast (2:45) Introduction of podcast hosts and disclaimers (3:33) Bitcoin as a digital hard currency compared to gold (7:22) Regulatory clarity and adoption of Bitcoin in portfolios (10:01) Evolving landscape for Bitcoin in traditional finance (13:11) Risk premium of non-cashflow assets (20:05) Benefits and methods of return stacking with Bitcoin (24:34) Behavioral biases in long-term Bitcoin allocation (26:28) Portfolio construction and the Bitwise paper on Bitcoin (31:16) Adjusting portfolios for inflation expectations (33:15) Risk budgeting with alternative assets like gold and Bitcoin (37:10) Using volatility as a heuristic for allocation (39:06) Global adoption and diversification with real assets (41:13) Research resources and concluding remarks
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