Without A Boss Bill Miller Is Betting On Amazon, Bitcoin And Bob Dylan

Forbes article from July on long-time value investor Bill Miller.

Truth is, Miller has never cared much about labels or current fashions. Beginning in 1991, his Legg Mason Capital Management Value Trust beat the S&P 500 for 15 years in a row partly because he defined "value" his own way...

As investors chased returns, Value Trust's assets grew to more than $70 billion, and Miller became the most famous active fund manager since Peter Lynch stepped away from the Fidelity Magellan fund in 1990...

Yet heading into the 2007-08 financial crisis, Miller owned everything that would soon turn toxic: subprime mortgage lender Countrywide, now-defunct Lehman Brothers and Bear Stearns, bond insurers, home builders and even AIG...

 

Full article:

Without A Boss Bill Miller Is Betting On Amazon, Bitcoin And Bob Dylan

 

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