Saturday, January 06, 2007

Bill Miller: End of Streak

Bill Miller ended his legendary 15 years streak in 2006.

Miller didn’t only outperform the S&P 500 index over the total 15-year period; he did so each and every year. The odds of that happening, according to Michael Mauboussin, Legg Mason’s chief investment strategist, is 1 out of 2.3 million! Statistically, Miller’s performance is greater than baseball legend Joe DiMaggio’s consecutive hitting streak of 56 games, which was a 1 out of 1.3 million event.

To read the complete article by Charles Mizrahi: GuruFocus.

Bill Miller will be coming back strongly this new year!

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