Hedge
funds are now buying Bitcoin, including former Legg Mason fund
manager Bill Miller. Miller
managed a fund at Legg Mason that beat the S&P 500 for 15
straight years through 2005.
His
MVP1 fund is up 72.5 percent this year as of October
30th. MVP1 bought bitcoin at an average price of $350
each. Bitcoin traded around $6,100 in recent
days, meaning the fund's digital currency
investments have soared more than 1,600 percent in a year.
How high can Bitcoin fly? We'll see what he told the Wall Street
Journal, and how computer hackers are making money mining Bitcoin
on their victims computers.
About the Podcast
...No ordinary retirement show! Hear cutting edge insights from an Amazon best selling author and Accredited Investment Fiduciary®