Bill Miller, CFA, chairman and chief investment officer of Miller Value Partners, Baltimore, and co-portfolio manager of the Miller Opportunity Trust Fund (LMNOX). Since the start of the bull market in March 2009, the fund has had an annualized 20.6% return vs. 17.1% for the S&P 500. Miller beat the S&P 500 for 15 consecutive years (1991–2005) at his former fund, Legg Mason Capital Management Value Trust.
MillerValueFunds.com
Bill Miller explains the lessons he has learned from his successes and failures in value investing—and how they could lift your returns
