Bill Miller Is Out of Hiding – He Thinks Now Is a Great Time to Be a Value Investor
Miller sees serious potential in the housing sector:
"The earning power of these companies is a lot greater than it used to be," Miller said about the housing sector. "There is much less competition right now, there are much different margin strategies because of the way they are managing the land inventory. All-in-all, it looks to be a very long cycle and we're in the first year of it. It's going to be hard for people not to make money in housing over the next several years."