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Bill Miller: Countrywide Financial Is Worth $40/Share

If I was stuck with a 9% ownership postion in Countrywide and it represented 2% of my fund value I guess I would be compelled to argue that the stock was undervalued. Nice try Bill. There are two kinds of oats. I am afraid what you are selling is the oats that have already been through the horse.

Bill Miller: Countrywide Financial Is Worth $40/Share

If I was stuck with a 9% ownership postion in Countrywide and it represented 2% of my fund value I guess I would be compelled to argue that the stock was undervalued. Nice try Bill. There are two kinds of oats. I am afraid what you are selling is the oats that have already been through the horse.