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Bill Miller: End Of Streak
Posted on 01/06/2007 04:46 AM | Link | Post Comment
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!
David
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!
David
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