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RE: At some point all the big Macro Funds will have a 1% position in Bitcoin
There was a study done on the perfect risk-adjusted portfolio and the results said that a portfolio containing roughly 4% exposure resulted in the ideal model. For the less risk averse, it recommended a 6% allocation. Exactly what you are mentioning.
https://bitcoinist.com/new-yale-study-every-portfolio-must-include-at-least-6-bitcoin/