Don Dion is the publisher of the Fidelity Independent Adviser (http://www.fidelityadviser.com/) family of newsletters, which provides to a broad range of investors Don’s commentary on the financial markets, with a specific emphasis on mutual funds and exchange-traded funds. With more than... More
Soon after Peter Lynch broke millions of investors' hearts by retiring from the mutual fund management game, a man named Bill Miller took over sole management of a struggling fund called Legg Mason Value Trust (LMVTX). That was back in November 1990. He then proceeded to outpace the S&P 500 for 14 straight calendar years -- thrashing Peter Lynch's previous record of seven years.
Many investors know Miller as a value investor -- so what's he doing in a series about great growth investors? Well, for one thing,…READ MORE
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MIller is basically a growth investor at heart. The reason he is considered a value investor is that he is more disciplined than most. The best description of him is basically "GARP."
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Fund Lessons from Bill Miller 1 comment
Soon after Peter Lynch broke millions of investors' hearts by retiring from the mutual fund management game, a man named Bill Miller took over sole management of a struggling fund called Legg Mason Value Trust (LMVTX). That was back in November 1990. He then proceeded to outpace the S&P 500 for 14 straight calendar years -- thrashing Peter Lynch's previous record of seven years.
Many investors know Miller as a value investor -- so what's he doing in a series about great growth investors? Well, for one thing,…READ MORE
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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