The Man Who Beats the S&P: Investing with Bill Miller

By Janet Lowe

Book Overview

Learn value investing through the strategies and techniques of the Investment Portfolio Manager of the decade In the only value investing book focused on value investor Bill Miller, the manager of the $11.6 billion Legg Mason Value Trust, Janet Lowe examines the techniques that have earned Miller celebrity status among investors and his peers. By taking the classic concept of value investing and catapulting it into the twenty-first century, Bill Miller has become a role model for those who wish to learn how to recognize value in today's new and emerging markets. Readers will be introduced to Miller's belief that "the value of any equity depends on the future, not the past." This idea has made him one of the most well regarded value investors in the mutual fund arena and the only manager of a diversified fund to beat the Standard & Poor's 500 for ten years in a row. Through this book, readers will come to understand America's new money master and his investing philosophy of looking beyond the obvious numbers. They will also learn Miller's computerized value matrix and other mathematical tools, while implementing the cutting-edge approach he uses when value investing. Packed with insights and advice, this comprehensive guide to value investing is sure to fill the needs of many investors.

• Format: Hardcover
• Language: English
• ISBN: 0471054909
• ISBN13: 9780471054900
• Release Date: April 2002
• Publisher: Wiley
• Length: 262 Pages
• Weight: 1.15 lbs.
• Dimensions: 9.3" x 0.9" x 6.3"

Customer Reviews

Insights into how one very successful fund manager invests

Bill Miller has been outperforming the stock market for more than a decade but he isn't as outspoken as other fund managers. Fortunately, Janet Lowe has been able to learn how Miller chooses investments--how he evaluates companies, decides when to buy and sell and more. She has interviewed Miller, his colleagues as well as industry experts to provide an interesting and enlightening portrait of Miller.

It's Miller Time

No need for a lengthy review here. This is simply a superb book. We should all thank Janet Lowe for taking the time to write a book about Bill Miller's investment philosophy and process. What a treat this book is. I couldn't put it down. Bill Miller is one of the most gifted (and unique) investors on the planet today. Lowe's book is filled with investment wisdom. In my view, it is destined to become a classic. If you are one of the many people seeking to improve your investment performance, this is a must have book. Read it, study it, and prosper.