Bill Miller, long considered one of the greatest individual stock pickers and value investors in the field of investment services, has been getting a lot of bad press lately. It’s not like the bad press isn’t justified. His flagship fund, Legg Mason Value Trust (LMVTX), after being the leading performer of managed mutual funds and [...]
Bill Miller Revisited
Now that they’re more bulls in the stock market than there are in Pamplona, I thought I would see what’s going on with Bill Miller, the legendary value investor and recent pariah of the mutual fund world. One can’t fully dismiss a lifetime of exemplary performance based upon a handful of poor choices, including Freddie [...]