Legg Mason's Bill Miller: Buffett is Wrong About Bitcoin
In an interview on CNBC's popular morning program 'Squawk Box', Legg Mason's Bill Miller dismissed Warren Buffett's statements on bitcoin as flawed. The former Legg Mason CFA, chairman and CIO, and current portfolio manager for the Legg Mason Capital Management Trust reiterated his support for bitcoin, directly addressing the legendary investor's opinions on the subject in the process. Buffett has been outspoken in his views about bitcoin as an investment, calling its value a 'mirage' and urging investors to 'stay away' from the digital currency, though his statements have suggested he....
Related News
Fund manager Bill Miller, who is well known for beating the S&P 500 Index for 15 years when he ran Legg Mason Capital Management has high hopes for bitcoin. So much so, in fact, that he's included it in his own personal portfolio, according to Bloomberg. Miller joins an ever-increasing number of big names in the finance industry to pick up bitcoin, such as Michael Novogratz, principal at the Fortress Investment Group (which has its own dealings with bitcoin). "Bitcoin is like making a venture bet," said Miller in an interview on Bloomberg's 'Surveillance' television programming. "The....
Famed value investor and fund manager Bill Miller says he has “a lot” of bitcoin and has not sold any despite the recent crypto sell-off. He insisted that investors should put some of their liquid net worth in the cryptocurrency.
Bill Miller Shares His Bitcoin Outlook
Famed value investor Bill Miller is still bullish about bitcoin despite recent price declines. He confirmed in an interview with CNBC Thursday that he owns “a lot” of bitcoin and hasn’t sold any.
Miller is the founder of Miller Value Partners and currently serves as its....
The founder and chief investment officer of Miller Value Partners, Bill Miller, is not disturbed by the falling price of bitcoin. While acknowledging that the price drop looks extreme when compared to the stock market, he says it is “pretty routine” for the cryptocurrency. Bill Miller Sees Bitcoin Correction as ‘Pretty Routine’ Veteran investor Bill Miller is the founder of Miller Value Partners and currently serves as the chairman and chief investment officer. He manages Opportunity Equity and Income Strategy funds. Prior to Miller Value Partners, he co-founded....
Veteran investor and fund manager Bill Miller explains why he thinks that it is currently “very bullish for bitcoin.” Miller noted that Russia has almost 50% of its reserves in currencies that are controlled by people who want to do them harm.
Bill Miller’s Crypto Outlook: ‘It’s Very Bullish for Bitcoin’
Famed value investor Bill Miller talked about the outlook for crypto amid a war between Russia and Ukraine in an interview with CNBC Wednesday. He is the founder of Miller Value Partners and currently serves as its chairman and....
Fund Manager and founder of Miller Value Partners, Bill Miller says holding bitcoin is better than holding cash because the digital asset is immune to the bad policies of the U.S. Federal Reserve. Writing in the 2020 Q4 Market Letter, Miller explains that some companies are already converting to bitcoin in order to avoid incurring the “guaranteed losses” of holding cash. Bitcoin Beats Berkshire Hathaway In his brief focus on the top crypto, the fund manager starts by noting how bitcoin “has outperformed all major asset classes” after the digital asset went “up....