Bill Miller (finance)

From Wikipedia, the free encyclopedia

Bill Miller is Chairman and Chief Investment Officer of Legg Mason Capital Management, a subsidiary of Legg Mason Inc. managing more than $60 billion of pooled assets and separate accounts. He is a portfolio manager of the Legg Mason Value Trust mutual fund (LMVTX), the after-fee return of which had beaten the S&P 500 index for 15 consecutive years from 1991 through 2005 (consistently market beating returns over the general market is considered to be impossible according to the efficient market hypothesis); however, in 2006 the returns of LMVTX were significantly lower than the S&P 500, at 5.85% vs. 15.75%, due to the poor performance of holdings such as Amazon, eBay, and health care holdings.[1]

Miller is a 1972 graduate of Washington and Lee University.

1 Books
2 Superyacht Utopia
3 Memorable quotes
4 References
5 External links

[edit] Books

Lowe, Janet. 2002. The Man Who Beats the S&P: Investing with Bill Miller. Wiley. ISBN 0-471-05490-9.

[edit] Superyacht Utopia

^[1] Well, the secret's out, thanks to CNN, Fortune and a few other financial-related media outlets: Bill Miller bought this Feadship a little over a year ago.