Bill Miller: What's luck got to do with it?

The streak may be over, but Bill Miller remains the iconic fund manager of his generation. As manager of Legg Mason Value Trust, he beat the market for 15 years in a row until his run ended last year.
If you had invested $10,000 in Miller's fund in 1990, you would have $92,033 today.
Bill Miller

With suits so rumpled they can resemble pajamas, Miller pays no attention to style. He shows the same contempt for convention when he invests.
While most value investors refuse to buy technology stocks, Miller has made a killing on Amazon (Charts, Fortune 500), AOL, Dell and eBay (Charts, Fortune 500).
A former graduate student in philosophy who earlier served as a military intelligence officer, Miller probably has the most original mind in the investing business.
Money Magazine's Jason Zweig caught up with him recently - below is the full transcript.


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