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
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
- Bill Miller’s investment firm, Miller Value Partners.
- William Green’s book, “Richer, Wiser, Happier” – read the reviews of this book.
-
“On a Certain Blindness in Human Beings” by William James
-
Is Crypto Re-Creating the 2008 Financial Crisis? An interview with Hilary Allen.
-
A Meeting of Great Minds: Bill Miller & William Green interview each other in 2021.
- Preston Pysh’s interview with Bill Miller’s son and successor, Bill Miller IV.
- Related Episode: Legendary Investor Bill Miller - TIP247.
- Related Episode: Legendary Investor Bill Miller On Stocks, Commodities, & Crypto - TIP180
- Related Episode: Investing Legend Bill Miller On Apple, Amazon, Bonds, & Tesla - TIP117.
- William Green’s Twitter.
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