Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Two Writers Note Bill Miller's Comeback Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, August 9, 2013

Two Writers Note Bill Miller's Comeback

News summary by MFWire's editors

Two writers took note of Bill Miller, the PM known for beating the S&P 500 for 15 consecutive years, who recently fell on hard times and is making a comeback. His fund, Legg Mason [profile] Opportunity Fund, beat 98 percent of its peers, gaining 44 percent year-to-date, Morningstar's associate director of fund analysis, Dan Culloton writes. Large holdings of companies such as Pandora, Netflix and MGIC Investment, which have more than doubled this year, have helped fuel the fund's performance, Culloton writes.

Chuck Jaffe of MarketWatch warns of PMs like Miller, however, saying that investors who try to make money off a star manager's hot streak will only get burned. Jaffe says investors have a tough time knowing when the streak is heating up too much, and heading towards tough times. Jaffe argues that the best fund managers offer consistency, rather than "short, great runs."

To read more, click here and here

Edited by: Casey Quinlan


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use