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☆ Bitcoin is the new global denominator for capital, says Miller Value's Bill Miller IV
▼ + stars: | 2024-07-26 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin is the new global denominator for capital, says Miller Value's Bill Miller IVBill Miller IV, Miller Value Partner CIO, joins 'Closing Bell' to discuss how he's playing in the crypto market.

Persons: Miller, Bill Miller, Bill Miller IV

☆ Microstrategy still has a massive runway ahead of it, says Miller Value Partners CIO
▼ + stars: | 2024-03-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrostrategy still has a massive runway ahead of it, says Miller Value Partners CIOBill Miller IV, Miller Value Partners chairman and CIO, joins 'Closing Bell' to discuss Miller's thoughts on Microstrategy at these levels and where it could go from here, if cryptocurrencies need use cases right now, and more.

Persons: Bill Miller IV Organizations: Miller Value Partners

ATLANTIC CITY, N.J. (AP) — Advertisements for sports betting continue to flood the airwaves, but the NFL said Tuesday that viewers will see only three such ads during the Super Bowl broadcast next month. But sportsbooks have only bought three such ads for broadcast right before and during the Super Bowl broadcast, fewer than the maximum allowed, NFL spokesperson Alex Riethmiller said. Part of that effort includes “being mindful of the tenor, volume and saturation of sports betting advertising and the degree with which we're integrating that into the live game,” Highhill said. The topic of sports betting advertising has been contentious for years. Highhill said the NFL tends to get blamed for sports betting ads that are beyond its reach.

Persons: David Highhill, Alex Riethmiller, We've, Highhill, “, Jeff Miller, ” Highhill, sportsbooks, Bill Miller, ”, we're, Keith Whyte Organizations: CITY, NFL, Super Bowl, ” League, The Kansas City Chiefs, San Francisco 49ers, New Jersey, U.S, Supreme, D.C, American Gaming Association, Fox, Raiders, National Council Locations: N.J, Las Vegas, The, New, Washington

☆ Moneyball-Plus: What Happens When Investors Treat Athletes Like Startups
▼ + stars: | 2024-01-28 | by ( Joseph Bien-Kahn | ) www.businessinsider.com time to read: +27 min

What if athletes could sell a percentage of their future earnings to investors, the same way tech entrepreneurs offer a stake in their promising new ideas in return for venture capital? "We look at the game very, very differently than everyone else," Schwimer tells the pitcher. Finlete is launching a fund that allows fans to buy shares in a prospect's future earnings. What if you could sell a share of your future earnings, he asked, for $10,000? Today, he says, more than 80% of the players BLA has invested in are outside the league's top 300 prospects.

Persons: They're, Michael Schwimer, —, Schwimer, BLA, haven't, Fernando Tatis Jr, We've, it's, Daniil, David Liberman, Garrett Broshuis, he'd, He'd, Houdini, Christian Petersen, Erik Kratz, Kratz, Cole Hamels, Hamels, Sean M, Marvin Bush, George W, Bush, Paul DePodesta, bankroll BLA's, Bill Miller, Miller, HBO's, Michael, Jeff Bezos, Bezos, I'd, I'm, Steven Duncker, Goldman Sachs, Elly De La Cruz, Dylan Buell, phenom, Scott Boras, Yermín Mercedes, Francisco Mejía, countersue Mejia, Gervon Dexter, they're, Dexter, Wharton, He's, he'll, isn't, scoffing, he's Organizations: Philadelphia Phillies, Big League, San Diego Padres, Benchmark Capital, Sports, Wharton Sports Business, MLB, University of Virginia, Partners, Phillies, Getty, AAA, Arizona Fall League, Ritz Carlton, Cleveland Browns, Dodgers, Cleveland Indians, Big League Advance, Chicago Bears, University of Florida, Huntsman, NCAA Locations: Maryland, Philadelphia, United States, baseball's, Latin America, America, Dominican Republic, Cleveland, Florida

☆ Apple is a shrinking company: Miller Value Partners' Bill Miller IV
▼ + stars: | 2023-09-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple is a shrinking company: Miller Value Partners' Bill Miller IVBill Miller IV, chairman and chief investment officer of Miller Value Partners, joins 'The Exchange' to discuss the bearish case for Apple, locating the fair value price for Apple, and bullish optimism about the future of Bitcoin.

Persons: Bill Miller, Bill Miller IV Organizations: Miller, Partners, Miller Value Partners, Apple Locations: Bitcoin

☆ Watch CNBC's full interview with Miller Value Partners' Bill Miller IV
▼ + stars: | 2023-09-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Miller Value Partners' Bill Miller IVBill Miller IV, chairman and chief investment officer of Miller Value Partners, joins 'The Exchange' to discuss the bearish case for Apple, locating the fair value price for Apple, and bullish optimism about the future of Bitcoin.

Persons: Bill Miller, Bill Miller IV Organizations: Miller Value Partners, Apple Locations: Bitcoin

☆ Stocks will charge higher as economic fears fade and bears give up, Bill Miller says
▼ + stars: | 2023-08-17 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Bill Miller expects a strong second-half showing from the US stock market. The Miller Value Partners founder sees a rosy economy and defeated bears driving stocks higher. "It's entirely possible that we're going to get back to a 2% inflation rate by the end of this year," Miller said during a recent live call hosted by Miller Value Partners. Miller noted that a robust first-half showing from stocks is usually followed by a similarly strong second half. The veteran fund manager predicted stocks would head higher, as bearish institutional investors swallow their doubts and pile into equities to catch up to their peers.

Persons: Bill Miller, " Miller, Miller, Legg Mason Organizations: Miller Value Partners, OneMain, Service, Federal Reserve, Nasdaq, Legg Mason Value Trust Locations: Wall, Silicon

☆ Bill Miller, who once beat the market for 15 straight years, redefines value investing
▼ + stars: | 2023-07-27 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Bill Miller, the value investor known for once beating the market for 15 years in a row, is also well recognized as an early investor in bitcoin and Amazon . Miller made his name by running the Legg Mason Capital Management Value Trust, which beat the S & P 500 every year from 1991 to 2005. He left Legg Mason to found Miller Value Partners in 2012 after the fund suffered steep losses and an exodus of assets during the financial crisis. Samantha McLemore, Miller's longtime co-manager, will assume management of Miller Opportunity Trust through her firm Patient Capital. His eldest son, Bill Miller IV, will become the lead manager for the Miller Income Fund.

Persons: Bill Miller, Miller, Legg Mason, Jeff Bezos, MacKenzie Scott, bitcoin, who's, Samantha McLemore, Miller's, Bill Miller IV Organizations: Legg Mason Capital Management Value Trust, Miller Value Partners, Amazon, Opportunity Trust, Morningstar, Delta Air Lines, Cruise Line, Big Tech, Miller Opportunity Trust, Capital, Miller Income Fund Locations: bitcoin

☆ Samantha McLemore, who worked with Bill Miller for 20 years, finds value in these 2 stocks
▼ + stars: | 2023-06-21 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Samantha McLemore, Bill Miller's longtime co-manager who struck out to start her own fund, has her eyes on some of the most hated stocks in the market. McLemore said she is a classic long-term investor who studies companies' intrinsic value, but she also has a knack for finding underappreciated opportunities based on consumer behavior. However, McLemore believes that Delta differentiates itself from the rest by being a premium brand and it generates revenue from stable sources like loyalty programs. DAL 5Y mountain Delta "I think now you're getting another chance here," McLemore said. "Even in a recession, we have confidence that they can earn in the mid $4 a share," McLemore said.

Persons: Samantha McLemore, Bill Miller's, McLemore, Legg Mason, Miller, Ben Graham, DAL, OneMain Organizations: Capital, Trust, New York City . Delta Air, OneMain Holdings, Investors Locations: Baltimore, New York City, Evansville , Indiana

☆ Drew Smith: New York Mets pitcher suspended for 10 games after apparent use of sticky substance
▼ + stars: | 2023-06-15 | by ( Matias Grez | ) edition.cnn.com time to read: +1 min

CNN —New York Mets pitcher Drew Smith has been given a 10-game suspension following his ejection on Tuesday for the apparent use of a sticky substance on his hands. Smith told reporters after the game that he had used the same amount of rosin he usually does and has experienced no other issues so far this season. “My hands weren’t sticky,” Smith said. Smith’s Mets teammate Max Scherzer was ejected for the same reason earlier this season. “We’re all angry about this one,” Scherzer told reporters after the game.

Persons: Drew Smith, Michael Hill, MLB’s, Smith, ” Smith, ”, Max Scherzer, “, ” Scherzer, Bill Miller Organizations: CNN, New York Mets, Field Operations, MLB, Smith’s Mets, Mets, New York Yankees

☆ Bill Miller IV acquires majority stake in Miller Value Partners
▼ + stars: | 2023-05-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBill Miller IV acquires majority stake in Miller Value PartnersBill Miller IV, Miller Value Partners chief investment officer, joins 'Closing Bell' to discuss his majority stake acquisition in Miller Value Partners and the direction he plans to take the company.

Persons: Bill Miller IV, Miller Value Partners Bill Miller IV Organizations: Miller Value Partners

☆ US gives final nod to huge power line from Wyoming to Nevada
▼ + stars: | 2023-04-11 | by ( Nichola Groom | ) www.reuters.com time to read: +2 min

April 11 (Reuters) - U.S. officials on Tuesday gave final approval for a company owned by billionaire Philip Anschutz to begin building a massive transmission line that will deliver wind energy from blustery Wyoming to power-hungry California. The "notice to proceed" from the U.S. Bureau of Land Management allows TransWest Express LLC to break ground on its $3 billion line after more than 15 years of development. A separate Anschutz firm owns the 600-turbine Chokecherry and Sierra Madre wind farm in Wyoming, which is being built, that will send power through TransWest Express. TransWest Express construction will start later this year and the first stage will be completed in 2027, the company said. The line will run from south central Wyoming, through Colorado, Utah and Nevada to a substation outside of Las Vegas.

☆ Investor Bill Miller aims to top the S&P 500 consistently once again, but this time with new ETFs
▼ + stars: | 2023-04-06 | by ( Jesse Pound | ) www.cnbc.com time to read: +2 min

Notable investor Bill Miller is getting into the exchange traded fund game, according to securities filings. Miller Value Partners made the initial filings for what appears to be its first ETFs on Wednesday — the Miller Value Partners Appreciation ETF and the Miller Value Partners Leverage ETF. The leveraged ETF is also actively managed, but will include leveraged ETFs and swaps on the S & P 500 in addition to equities and standard ETFs. Miller Value Partners will use an "adaptive, data-driven approach" to determine each day whether the fund should be leveraged or unleveraged, the filing said. While Miller has made his name as a value investor, he has expanded his portfolio to include bets on certain tech stocks like Amazon .

☆ Ray Dalio's hedge fund nearly tripled its GameStop and AMC bets last quarter, while Bill Miller dumped Bed Bath & Beyond stock
▼ + stars: | 2023-02-14 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +2 min

The hedge fund nearly tripled its stake in the video-game retailer and the movie-theater chain. Meanwhile, Bill Miller's fund sold all of its remaining shares in Bed, Bath & Beyond. Dalio's Bridgewater Associates fund boosted its bets on GameStop and AMC Entertainment, while Miller Value Partners exited its Bed Bath & Beyond wager. Similarly, AMC shares surged from about $2 to over $59 during the first six months of 2021. For its part, Bed Bath & Beyond shares soared from under $4 in April 2020, to over $35 by January 2021.

Organizations: & $

☆ Super Bowl showdown to provide betting bonanza
▼ + stars: | 2023-02-11 | by ( Frank Pingue | ) www.reuters.com time to read: +3 min

Feb 11 (Reuters) - The Super Bowl has long been the single biggest sports betting event of the year in the United States and Sunday's showdown in Glendale, Arizona could reach new heights as wagering on the NFL's championship game has exploded in popularity. "The fact that the Super Bowl is being played in a state where you can legally bet on sports was almost unthinkable five years ago," American Gaming Association (AGA) President and CEO Bill Miller told Reuters. "There is important symbolism and economics around the fact that a Super Bowl is being held in a state where sports betting is legal, no question about that." A survey by the AGA, a trade group for the U.S. casino industry, showed a record 50.4 million American adults, or about 20% of the population, are expected to bet $16 billion on the Super Bowl. "It isn't necessarily something new as far as the Super Bowl but I think we are paying more attention to it now because more people have access to bet."

☆ Legendary investor Bill Miller says he's shorting Tesla because the EV maker has a looming competition problem: 'If it goes up, I'll short more'
▼ + stars: | 2023-01-09 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Miller told CNBC on Friday that Tesla is starting to lose market share as more electric vehicles hit the road. All the major auto-makers are pivoting to electric vehicles and Tesla is starting to lose ground to them, according to Miller. And all of them are coming with electric vehicles," Miller said. Aside from competition, Miller's bearish argument on Tesla also boils down to the ongoing debate between bulls and bears: is Tesla a tech company or a car company? The earnings multiple if you consider it a tech stock is not out of whack certainly with its dominance in electric vehicles," Miller said.

☆ Watch CNBC's full interview with Bill Miller III and Bill Miller IV, both of Miller Value Partners
▼ + stars: | 2023-01-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Bill Miller III and Bill Miller IV, both of Miller Value PartnersBill Miller III and Bill Miller IV, both of Miller Value Partners, join 'Closing Bell' to discuss the markets, where they see stocks headed in 2023, bitcoin and the company's succession plan.

☆ I'm just trying to figure out where there are cheap stocks out there, says Bill Miller III
▼ + stars: | 2023-01-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI'm just trying to figure out where there are cheap stocks out there, says Bill Miller IIIBill Miller III and Bill Miller IV, both of Miller Value Partners, join 'Closing Bell' to discuss the markets, where they see stocks headed in 2023 and the company's succession plan.

☆ Bill Miller doubles down on Amazon after a rough year, while shorting Tesla increasingly
▼ + stars: | 2023-01-06 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Value investor Bill Miller said he's doubling down on Amazon after a brutal year, and growing his short position on Tesla . Miller said he recently bought more Amazon shares. His hedge fund Miller Value Partners held 695,000 shares, worth about $78.5 million, at the end of the third quarter. "I think it's one of the easiest names in the market," Miller said on CNBC's " Closing Bell " on Friday. AWS, Amazon's cloud-based segment, is worth almost the whole price of Amazon, Miller said.

☆ Two classic books on long-term investing are out in new editions
▼ + stars: | 2023-01-05 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

Two classic books on long-term investing are out in new editions. In December, the Wharton School's Jeremy Siegel published a new (6th) edition of his classic, Stocks for the Long Run: The Definitive Guide to Financial Market Returns & Long-Term Investment Strategies. Like Malkiel, Ellis urged investors to diversify into low-cost index fund investing, which was a radical idea because there were no low-cost index funds at the time! The market eventually caught up with Malkiel, Siegel, Ellis and Bogle. Investors now had not just an index fund, they had a low-cost, tax-efficient wrapper they could buy it in.

☆ Bill Miller keeps betting big on this energy stock, which is up 60% this year
▼ + stars: | 2022-11-17 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Value investor Bill Miller kept his top holding unchanged last quarter, betting on an energy name that has jumped nearly 60% this year. Miller first bought the stock in the fourth quarter of 2021. Goldman Sachs recently published a bullish note on Ovintiv, saying the stock could surge 40% in the next 12 months. Another energy name among Miller's biggest holdings is Energy Transfer , which he kept unchanged at $65 million. The stock has fallen about 30% in volatile trading this year amid heightened geopolitical tensions.

☆ The definitive guide to getting started in real-estate investing
▼ + stars: | 2020-07-21 | by ( Business Insider | ) www.businessinsider.com time to read: +4 min

But have you ever considered real-estate investing? If you aren't yet a subscriber to Investing Insider, you can sign up here. Our research culminated in a definitive guide to getting into real-estate investing. Among Mittal's funds is the StocksPlus Long Duration Fund, which consistently beats 99% of peers. — Bill Miller, the founder of Miller Value Partners, whose record-setting fund trounced the market for 15 consecutive years

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