Famed investor, Bill Miller, whose Legg Mason Value Fund (ticker: LMVTX) has beaten the S&P 500-stock index 14 years in a row, holds a number of Chinese stocks in the Legg Mason Opportunity Fund (ticker: LMOPX). What are they?
Miller owns Sina.com (ticker: SINA) and Netease.com (ticker: NTES).
Why does he own SINA and NTES?
"The market caps are so small relative to the Chinese Internet, it's hard to see how you don't do well in these over three, five or ten years."