4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP513: Warren Buffett's Money Mind

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Investing in Value - Bill Miller

Bill Miller famously purchased Amazon on his IPO day in May of 1997. He then quickly sold it after the stock had doubled. Then re-entered the position at $88 per share while many of his value investing colleagues mocked or chuckled at him for owning Amazon as it then declined 90% after the tech bust. Today, Miller today actually holds over 40% of his net worth in Amazon stock.

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