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, the after-fee return of which has beaten the S&P 500 index for 15 consecutive years since 1991 (consistently excessive returns over the general market is considered to be anomalous according to the efficient market hypothesis).
Other well-known investors who have similarly outperformed the market include Peter Lynch, Manu Daftary and Warren Buffett.
[edit] Books
- Lowe, Janet. 2002. The Man Who Beats the S&P: Investing with Bill Miller. Wiley. ISBN 0-471-05490-9.
[edit] Memorable quotes
- "Lowest average cost wins."
- "How do I know when I'm wrong? When I can no longer get a quote."
[edit] External links
- Legg Mason Capital Management
- CNNMoney - Will the market kill Bill?
- Best Fund Managers 2006 - Bill Miller, BusinessWeek.com.
 This business-related biographical article is a stub. You can help Wikipedia by expanding it. |
