Why a Famed Investor Says This Is the Fifth Great Buying Opportunity

Portfolio manager Bill Miller has had his share of ups and downs over the years. When he was at Legg Mason, Miller was a rock star, beating the S&P 500 index 15 years in a row from 1991 to 2006 with his Legg Mason Value Trust fund. In 2017, Miller spun off from Legg Mason to create Miller Value Partners and is now running the Miller Opportunity Trust, formerly the Legg Mason Opportunity Trust, which had beaten the S&P 500 since inception in 2009 through 2019.