@anilsaidso
If you'd like to hear Bill Miller's in-depth discussion of Bitcoin, Coinbase, Alibaba, Amazon & more, my full conversation with him is available here:
@anilsaidso
Fooled by screw balls! Don’t underestimate something you’ve never seen before. Eventually everyone will have to come to grips with
#Bitcoin
@anilsaidso
What he's describing isn't a new phenomenon. It's what led to the financial crisis. Bankers created complex derivative products that worked based on historical models. None of them had ever seen real estate prices decline nationally...so their models didn't account for that.