Former Legg Mason CIO Bill Miller on Recent Underperformance

Miller is still bullish despite losing 20% in 1 month

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Feb 03, 2016
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Legendary value investor Bill Miller, former CIO at Legg Mason (LM, Financial), did a interview on Wednesday with CNBC where he revealed that he lost 20% in a single month. Miller is still bullish, however, and explains why. Miller also discussed his top value play, and said he is fully invested and hasn't had any cash on hand since the 2008 financial crisis.

Bill Miller interview with CNBC:

Part one

Part two

Part three