Click here to download your FREE list of 4 SIMPLE STEPS to TAKE CONTROL OF YOUR PERSONAL FINANCES AND LIFE: https://www.theinvestorspodcast.com/subscribe-youtube/ William Green speaks with Bill Miller, an investing legend who famously beat the S&P 500 for 15 years in a row. Bill, the Chairman and Chief Investment Officer of Miller Value Partners, talks about the enticing bargains he sees in today’s beaten-down market and reveals the biggest bets in his personal investment portfolio. He also explains why he’s so bullish on Bitcoin, which he began buying at $200, and why he thinks Warren Buffett is wrong to disdain it. IN THIS EPISODE, YOU'LL LEARN: 0:00:00 - Intro 0:00:10 - Why this period has been “extraordinarily painful” for Bill Miller and many of his peers. 0:00:10 - Why war, inflation, and rising interest rates mean we’re in a new investment regime. 0:05:04 - Why he believes the battered stock market looks poised for a rebound. 0:07:21 - Why he views beaten-down prices and widespread pessimism as signals to buy stocks. 0:07:21 - What stocks he’s looking at now that seem wildly cheap. 0:16:27 - How to handle the emotional pressure of brutal downturns in financial markets. 0:18:58 - How he came to be the biggest individual shareholder of Amazon not named Bezos. 0:27:00 - Why he has over 80% of his personal investment portfolio in Bitcoin and Amazon. 0:29:43 - What other major investments he owns in his personal portfolio. 0:30:37 - Why he’s bullish about Chinese tech and internet stocks like Baidu and Alibaba. 0:57:25 - Why he regards Bitcoin as an insurance policy against financial catastrophe. 1:10:59 - What he thinks Warren Buffett and Charlie Munger don’t understand about Bitcoin. 1:49:29 - Why he plans to retire at the end of 2022 and what he’ll do with his new-found freedom. 2:02:58 - What gives him satisfaction when he looks back on his legendary 40-year career. ☕ Get the freshest roasted and ethically sourced beans from America’s best local roasters with Trade Coffee. Plus, a total of $30 off your first order and free shipping — that’s more than 40 cups of coffee for free! To get started, take the quiz at https://drinktrade.com/TIP, and start the journey to your perfect cup. ✔️ Subscribe to Bitcoin Fundamentals/We Study Billionaires podcast show: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP 🖊️ Access our free show notes and transcript here: https://www.theinvestorspodcast.com/richer-wiser-happier/investing-legend-bill-miller-on-amazon-bitcoin-buffett/ 📖BOOKS MENTIONED: - Richer, Wiser, Happier by William Green - https://amzn.to/3JejudP Disclosure: Some of the links above are affiliate links that we may earn commission from. This helps keep our show going! 😁 ▶️ PAST EPISODES MENTIONED - The Asymmetric Upside Investments & Bitcoin w/ Bill Miller IV (BTC076) - https://youtu.be/XrY6WOsjDmQ - Lessons On Investing, Valuation & Life w/ Aswath Damodaran (RWH005) - https://youtu.be/caHm_2U9pUA - Berkshire Hathaway Annual Shareholders Meeting 2022 | Discussion of The Investor's Podcast - https://youtu.be/LzaAjzHfVTQ 💡OTHER RESOURCES - On a Certain Blindness in Human Beings by William James - https://www.uky.edu/~eushe2/Pajares/jcertain.html - Is Crypto Re-Creating the 2008 Financial Crisis? An interview with Hilary Allen - https://newsletters.theatlantic.com/galaxy-brain/624cb2ebdc551a00208c1524/crypto-bubble-web3-decentralized-finance/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ LISTEN 🎧 TO OTHER SHOWS FROM OUR NETWORK: ₿ If you're interested in Bitcoin, checkout our Bitcoin Fundamentals podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8wOLjjwNCM5B1qFdrtTdTZ 📚Dive into value investing and learn more about billionaires with our We Study Billionaires podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F9dDPFYGAHRbrWoToCe2uoU 🏘 Learn the ins and outs of real estate investing with our Real Estate 101 podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8Yw_8xO2nk-RD7fhb3yktn 💸Get introduced to the world of investing with our Millennial Investing podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F_p00VYv3psJ8rhDAGOvR5W ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ FOLLOW US ON SOCIAL MEDIA📱: 💻 Facebook: https://www.facebook.com/groups/theinvestorspodcast 👔 Linkedin: https://www.linkedin.com/company/the-investor's-podcast 🐦Twitter: https://twitter.com/tip_network ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ Download Stig & Preston's 1-page checklist for finding great stock picks: https://www.theinvestorspodcast.com/form-youtube-checklist/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.