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Bill Miller Is Staging One Of Wall Street’s Most Closely Watched Comebacks

FYI: (This is a follow-up article.)
For more than 30 years, giving your money to Bill Miller at Legg Mason was one of the most reliable ways to turn a profit. He beat the returns on the benchmark Standard & Poor’s 500-stock index for 15 years running, a feat unmatched among the legends of Wall Street.

And his fall from grace was nearly as spectacular.

During the global financial crisis of 2007-08, the famed stock picker’s bets turned bad, and once-loyal clients took their billions and left. And soon enough, he left the Baltimore investment house that had flourished on his good fortune.
Regards,
Ted
https://www.washingtonpost.com/business/economy/bill-miller-is-staging-one-of-wall-streets-most-closely-watched-comebacks/2017/11/10/455b6dbc-7617-11e7-8839-ec48ec4cae25_story.html?utm_term=.a1c11b7c0a76
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