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M* keeps calling Bill Miller "contrarian" like its a badge of honor. First of all he was not freak*** contrarian. Saying he was because his fund name had word "Value" on it, while he was simply loading up on the riskiest stocks is BS. What he was doing was not investing in value stocks and simply investing in what was going up, until it stopped going up.
Anyone investing with Bill Miller deserves him. Most overrated fund manager of all time, who should simply retire on his $70 million yacht. But why do that when you can fool people into thinking because he has $1 million in his stinking fund, he somehow deserves credibility?
Full disclosure: Of that list, I own CGMFX and BRAGX.
Comments
Anyone investing with Bill Miller deserves him. Most overrated fund manager of all time, who should simply retire on his $70 million yacht. But why do that when you can fool people into thinking because he has $1 million in his stinking fund, he somehow deserves credibility?
Full disclosure: Of that list, I own CGMFX and BRAGX.