# 🔮 PODCAST: Jeff Park on Prediction Markets and Radical Portfolio Theory

Source: https://news.polymarket.com/p/podcast-jeff-park-on-prediction-markets

## Summary

Jeff Park, Head of Alpha Strategies at Bitwise, argues for a portfolio split 60% centralized state-maximal assets and 40% decentralized, private assets resistant to state power, as set out in his book "Radical Portfolio Theory." Within the 40% "resistance" bucket, he argues for an allocation to professional gambling, which could include sports betting, poker, and prediction market trading. The podcast episode covers topics including DeepSeek and the AI trade, institutional adoption of information markets, and Microstrategy's convertible equity and Bitcoin reserve strategy.

## Article

Jeff Park is the Head of Alpha Strategies at Bitwise, and the author of “Radical Portfolio Theory,” the case for a portfolio with 60% centralized state maximal assets, and 40% decentralized, private assets that are state power resistant.

As part of the 40% “resistance” bucket, Jeff argues for an allocation to professional gambling, which could include things like sports betting, poker, and, yes, prediction market trading. We talk:

DeepSeek: Is “phase 1” of the AI trade over?

Prediction Markets: Mental tricks from options trading

Institutional Adoption of Information Markets: Are the banks coming for our Taylor Swift engagement shares?

The Microstrategy Trade: Who’s the sucker at the table and why convertible equity could be a game changer

Prediction Rapid Fire

Strategic Bitcoin reserve when?

Next nation-states to buy BTC

Which Microstrategy risks are overblown and what Jeff worries about with the trade

One big mistake to avoid in BTC price markets

Follow Jeff on X.

Tips? Write oracle@polymarket.com

NEW: We’re On X: Follow The Oracle for updates

Write for The Oracle: We’re expanding our coverage and looking to hire more writers and investigators. Details Here.

Nothing in The Oracle is financial, investment, legal or any other type of professional advice. Anything provided in any newsletter is for informational purposes only and is not meant to be an endorsement of any type of activity or any particular market or product. Terms of Service on polymarket.com prohibit US persons and persons from certain other jurisdictions from using Polymarket to trade, although data and information is viewable globally.