Friday, July 24, 2009

Please Stop With The "Bill Miller Is Back" Stories

(clusterstock.com) Once a media darling, always a media darling, at least in the world of high-profile, money manager gurus.

Today the Journal comes back to Legg Mason manager Bill Miller: "Blindsided by Bear, Mr. Miller Sees Bull."

The subtitle should be: "Long-only, high-beta investor does well when the market goes up."

Read the entire article

1 comment:

Daniel M. Ryan said...

Maybe these stories will stop when the "buy and hold is dead" mantra stops too. The 'hook' of the Bill Miller stories is reassurance that patience in value investing still works.