Once-revered Legg Mason fund manager Bill Miller, who has been hit harder than perhaps any high-profile fund manager during the recent market plunge, tells The Wall Street Journal that he was “naïve” in believing that so many prominent companies couldn’t be done in by the credit crisis. “The thing I didn’t do, from Day One, [...]
Read more
Tag Archives: Bill Miller
Looking for The Bottom? Legg Mason’s Miller Says We’ve Hit It
December 3, 2008
0 Comments
Legg Mason fund manager Bill Miller — who once beat the S&P 500 for a remarkable 15 straight years before hitting an ugly patch over the past couple years — said Wednesday that “it looks as if the bottom has been made” in U.S. stocks, Reuters reports. Miller, speaking at Legg Mason’s annual luncheon for [...]
Read morePainful Stretch Even for The Greats
November 21, 2008
0 Comments
No one beats the market all the time — not even the best investors in history — and this difficult bear market has been a perfect example. Yahoo Tech Ticker’s Aaron Task reports that many investors with exceptional long-term track records have (along with just about everyone else) been hit hard. A look at some [...]
Read more
