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RWH007: Investing Legend Bill Miller On Amazon, Bitcoin, & Buffett

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Manage episode 329484975 series 1394353
Content provided by Stig Brodersen and The Investor's Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stig Brodersen and The Investor's Podcast Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

IN THIS EPISODE, YOU’LL LEARN:

  • 00:06:41 - Why he views plunging prices and widespread pessimism as signals to buy stocks.
  • 00:08:19 - Why this period has been “extraordinarily painful” for Miller and many of his peers.
  • 00:08:54 - Why war, inflation, and rising interest rates mean we’re in a new investment environment.
  • 00:15:06 - Why he believes the battered stock market looks poised for a rebound.
  • 00:15:32 - How to handle the emotional pressure of brutal downturns in financial markets.
  • 00:17:31 - How he came to be the biggest individual shareholder of Amazon not named Bezos.
  • 00:26:28 - What stocks he’s looking at now that seem wildly cheap.
  • 00:25:13 - Why he’s bullish about Chinese tech and internet stocks like Baidu and Alibaba.
  • 00:49:39 - Why he regards Bitcoin as an insurance policy against financial catastrophe.
  • 00:55:59 - What he thinks Warren Buffett and Charlie Munger don’t understand about Bitcoin.
  • 01:15:58 - Why he has over 80% of his personal investment portfolio in Bitcoin and Amazon.
  • 01:22:36 - What other major investments he owns in his personal portfolio.
  • 01:23:49 - Why he plans to retire at the end of 2022 and what he’ll do with his new-found freedom.
  • 01:34:08 - What gives him satisfaction when he looks back on his career as a legendary investor.

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

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948 episodes

Artwork
iconShare
 
Manage episode 329484975 series 1394353
Content provided by Stig Brodersen and The Investor's Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stig Brodersen and The Investor's Podcast Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

IN THIS EPISODE, YOU’LL LEARN:

  • 00:06:41 - Why he views plunging prices and widespread pessimism as signals to buy stocks.
  • 00:08:19 - Why this period has been “extraordinarily painful” for Miller and many of his peers.
  • 00:08:54 - Why war, inflation, and rising interest rates mean we’re in a new investment environment.
  • 00:15:06 - Why he believes the battered stock market looks poised for a rebound.
  • 00:15:32 - How to handle the emotional pressure of brutal downturns in financial markets.
  • 00:17:31 - How he came to be the biggest individual shareholder of Amazon not named Bezos.
  • 00:26:28 - What stocks he’s looking at now that seem wildly cheap.
  • 00:25:13 - Why he’s bullish about Chinese tech and internet stocks like Baidu and Alibaba.
  • 00:49:39 - Why he regards Bitcoin as an insurance policy against financial catastrophe.
  • 00:55:59 - What he thinks Warren Buffett and Charlie Munger don’t understand about Bitcoin.
  • 01:15:58 - Why he has over 80% of his personal investment portfolio in Bitcoin and Amazon.
  • 01:22:36 - What other major investments he owns in his personal portfolio.
  • 01:23:49 - Why he plans to retire at the end of 2022 and what he’ll do with his new-found freedom.
  • 01:34:08 - What gives him satisfaction when he looks back on his career as a legendary investor.

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

SPONSORS

Support our free podcast by supporting our sponsors:

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

  continue reading

948 episodes

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