The Man Who Beats the S&P: Investing with Bill Miller
Bill Miller has achieved celebrity status among investors and his peers by applying the classic concepts of value investing to the twenty-first century. Considered the premier mutual fund manager in America, Bill Miller has set one of the highest mutual fund performance records with Legg Mason's Value Trust. He outdistanced the S&P; 500 eleven years and running with his innovative value approach to investing.In The Man Who Beats the S&P;: Investing with Bill Miller, business writer Janet Lowe examines the philosophy, analysis, and strategies that have fueled Miller's success through a market that was decidedly hostile to value fund managers. Lowe reveals how Miller keeps his decades-long investment success going.By following Miller's remarkable track record as a money manager, The Man Who Beats the S&P; not only illustrates how Miller picks undervalued stocks, but sets a framework for how you too can use value measures to find undervalued stocks and ride them to profits. This invaluable guide will help you understand Miller's cutting-edge approach to value investing by showing you how to:* Identify value in the technology sector* Think like Bill Miller and make successful investment decisions* Become proficient at the art of new economy and old economy valuation* Understand real-world stock scenarios* Manage all aspects of a portfolioMiller has seen the future, and he understands that value investing and the world of high-technology business have already overlapped and will continue to do so. In a time where there is intense focus on intellectual growth, intellectual accomplishments, and intellectual property, the Miller method is daring and brilliant. Today's investment challenges require a swifter and smarter approach to making investment decisions-that's why Bill Miller's "multi-factor" security analysis has proved so powerful.Bill Miller's investment approach isn't for the faint of heart. It entails hard work, diligence, patience, and self-confidence. But his methods also have their rewards. If you love research and analysis, and have the desire to find a savvier approach to investing, pick up The Man Who Beats the S&P; and watch your commitment pay off in dollars and sense.