2024-12-25T11:52:39+0800

Preston talks with Bill Miller IV about finding asymmetric investments like Bitcoin. IN THIS EPISODE, YOU'LL LEARN: 00:00 - Intro 00:18 - Bill's overall thoughts on the current market conditions 09:33 - How Bill and his father first found Bitcoin 12:33 - Why Bill found Bitcoin to be an asymmetric investment 15:32 - Not selling your winners | Margin and Investing 19:58 - Thoughts on Musk buying Twitter 22:10 - Bitcoin Vs Crypto 25:25 - Reinforcing network effect around energy 28:14 - Concentrated investing and why it's important 30:14 - Mean / Variance Portfolio Theorem 33:41 - Dematerialization 38:40 - Finding big trends in markets ☕ 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://link.chtbl.com/BTC076 🖊️ Access our free show notes and transcript here: https://www.theinvestorspodcast.com/bitcoin-fundamentals/finding-asymmetric-investments-bill-miller-iv/ 📖BOOKS MENTIONED: - Reminiscences of a Stock Operator by Edwin Lefèvre - https://amzn.to/3ycDHyT - The Psychology of Money by Morgan Housel - https://amzn.to/3s9RmCU Disclosure: Some of the links above are affiliate links that we may earn commission from. This helps keep our show going! 😁 ▶️PAST EPISODES MENTIONED - TIP247: Legendary Investor Bill Miller - https://youtu.be/GnkjNpewsaQ - TIP180: Legendary Investor Bill Miller On Stocks, Commodities, & Crypto - https://youtu.be/Fy0tzzUxrY8 💡OTHER RESOURCES - Preston's Twitter Account: https://twitter.com/prestonpysh - Bill's Twitter Account: https://twitter.com/billfour - Miller Value Partners - https://millervalue.com/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ 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.