Why Bitcoin Is One of This Billionaire Investor's Top Holdings in 2023
A popular strategy among the investment community is to follow the words of prominent investors to find clues as to what to do with their portfolios. For example, Warren Buffett, probably the greatest investor ever, publishes a yearly Berkshire Hathaway shareholder letter that both professional and individual investors scrutinize. Any moves Buffett makes could lead to strong returns if implemented.
Another billionaire investor is Bill Miller, who just wrapped up a very successful career as a mutual fund manager. He stands out because of how incredibly bullish he has been on Bitcoin (CRYPTO: BTC), the world's oldest and most valuable cryptocurrency. Here's why it's one of his top personal holdings.
Miller rose to fame when he headed the Legg Mason Value Trust, a value-focused portfolio he managed that beat the S&P 500 for 15 straight years from 1991 to 2005. At one point, he oversaw a whopping $70 billion of client assets.
Source Fool.com
