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Consuelo Mack's WealthTrack Encore Episode: Guest: Bill Miller, Manager, Miller Funds

TedTed
edited June 2017 in Fund Discussions
FYI: Bill Miller remains the only mutual fund manager in memory to beat the S&P 500 fifteen years in a row. He did it while he was managing Legg Mason Capital Management Value Trust from 1991-2005. After a couple of episodes of serious underperformance in 2006-2008 and 2010-2011 Miller left the fund and in 2016 left Legg Mason to launch his own independent investment advisory firm, Miller Value Partners.
Regards,
Ted
http://wealthtrack.com/miller-hedge-fund-timing/?action=edit

M* Snapshot LGOAX:
http://www.morningstar.com/funds/xnas/lgoax/quote.html

M* Snapshot LMCJX:
http://www.morningstar.com/funds/xnas/lmcjx/quote.html

Comments

  • You'd think Consuelo could take a break from interviewing Bill Miller, this is turning into a yearly interview. Beat the S&P 15 years in a row and then the fund tanked hard. I couldn't see why anyone would invest in his funds now. Maybe a lot of the other fund managers just deny her request for an interview.
  • This was a repeat, not a new interview. I think there must be a rule somewhere in the PBS manual's fine print that says "no new programming during a pledge-a-thon." Which to me makes zero sense if you want people to actually watch during a pledge drive ...
  • There should be law preventing Bowel Moment for smelling up Consuelo Mack.
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