Unchained
Unchained
Laura Shin
Jeff Park Says the 60/40 Portfolio May Be Dead. Here’s His Radical Fix - Ep. 844
1 hour 24 minutes Posted Jun 3, 2025 at 4:00 pm.
Intro
How entering the workforce in 2008 pushed Jeff to question everything, even the dollar
Jeff’s role as head of alpha strategies at Bitwise
Why the classic 60/40 portfolio may be dead
How crypto fits into the new financial world
Why “time is liquid energy” and bitcoin captures it best
The core of Jeff’s radical portfolio theory
What goes into the “resistance” asset bucket
Why prediction markets could diversify your income
Why Jeff is betting big on Strategy’s STRK and BTC
The rise of crypto treasury companies and whether they pose systemic risk
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Show notes
Jeff Park thinks the most popular investing strategy of the last decades — the 60/40 portfolio — is dead.
Jeff has spent his early career inside the traditional system. But now, after two years in finance, he’s calling for a full rethink of the modern portfolio: from what counts as “safe” to how inflation actually works to why Bitcoin may be the real anchor asset in a world that’s spinning off its axis.
In this episode, the first in a two-part series, he and Laura dig into:
Why the 60/40 portfolio is quietly failing
What the rise of “resistance” assets says about trust in institutions
Why STRK and BTC are the distillation of Jeff’s radical portfolio
How traditional finance may be more correlated to crypto than you think
Why “time is liquid energy” and bitcoin is so valuable
Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com
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