This is Bill Miller IV
His research on asymmetric investing has made him a legendary fund manager and has built Miller Value Partners into a Bitcoin giant.
He often blew up on X
Five days ago, he exposed on a big podcast why "only a few hundred million people" have the best performing assets in the world.
12 of the most powerful insights 🧵 shared by Bill Miller IV
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1. Most people store their wealth in melted ice.
Bill found something shocking:
There are trillions of dollars in assets denominated in fiat currencies that "keep printing more money every year."
Bitcoin, meanwhile, is worth only $2 trillion, but it's been the best-performing asset in 16 years
1.75K
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