(Part 2 of 2)
Legendary value investor Bill Miller is betting big on bitcoin. The digital currency and some related crypto investments now account for half of his personal investment portfolio. In part two of our interview with Miller, he discusses his rationale for taking such an outsized position, including why he has converted from being a self-described bitcoin “observer” to a bitcoin “bull” and why he is adding to his holdings when the currency has big declines.
Since Miller is also celebrating his 40th anniversary in the investment business we delve into how much the investment landscape has changed and how his value approach has evolved over the last four decades.
The conversation is not about Miller Opportunity Trust, it’s about his personal portfolio.
I began the interview by asking Miller why he has gone so big on bitcoin.
01:56 Interview with Bill Miller
22:38 One Investment
24:50 Action Point