Bill Miller: Does Anyone Care What He Has to Say?
Bill Miller, as a money manager for Legg Mason, racked up an impressive string of years beating the S&P 500. The only problem was the latest bear market in which he lost more money than he ever made since assets under management during the losing years were massive compared to what he started with.
It turns out Miller is outperforming the market so far this year so the mainstream media again cares what he thinks. Miller holds Wells Fargo (WFC), Capital One (COF), American Express (AXP) and Aflac (AFL), which he opines were unjustly hammered during the panic to dump financials.
Source:
http://blogs.wsj.com/marketbeat/2009/07/07/does-bill-miller-have-his-mojo-back/
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