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

<p><strong>IN THIS EPISODE, YOU’LL LEARN:</strong></p><ul><li>00:06:41 - Why he views plunging prices and widespread pessimism as signals to buy stocks.</li><li>00:08:19 - Why this period has been “extraordinarily painful” for Miller and many of his peers.</li><li>00:08:54 - Why war,&nbsp;inflation, and rising interest rates mean we’re in a new investment environment.</li><li>00:15:06 - Why he believes the battered stock market looks poised for a rebound.</li><li>00:15:32 - How to handle the emotional pressure of brutal downturns in financial markets.</li><li>00:17:31 - How he came to be the biggest individual shareholder of Amazon not named Bezos.</li><li>00:26:28 - What stocks he’s looking at now that seem wildly cheap.</li><li>00:25:13 - Why he’s bullish about Chinese tech and internet stocks like Baidu and Alibaba.&nbsp;</li><li>00:49:39 - Why he regards Bitcoin as an insurance policy against financial catastrophe.</li><li>00:55:59 - What he thinks Warren Buffett and Charlie Munger don’t understand about Bitcoin.</li><li>01:15:58 - Why he has over 80% of his personal investment portfolio in Bitcoin and Amazon.</li><li>01:22:36 - What other major investments he owns in his personal portfolio.&nbsp;</li><li>01:23:49 - Why he plans to retire at the end of 2022 and what he’ll do with his new-found freedom.</li><li>01:34:08 - What gives him satisfaction when he looks back on his career as a legendary investor.</li></ul><p>&nbsp;</p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES:</strong></p><ul><li>Bill Miller’s investment firm, <a href="https://millervalue.com/" rel="noopener noreferrer" target="_blank">Miller Value Partners</a>.</li><li>William Green’s book, “Richer, Wiser, Happier” – <a href="https://www.amazon.com/Richer-Wiser-Happier-Greatest-Investors/dp/1501164856" rel="noopener noreferrer" target="_blank">read the reviews of this book</a>.</li><li><a href="https://www.uky.edu/~eushe2/Pajares/jcerta