Bill Miller, the value investor known for once beating the market for 15 years in a row, is also well recognized as an early investor in bitcoin and Amazon .
Miller made his name by running the Legg Mason Capital Management Value Trust, which beat the S & P 500 every year from 1991 to 2005.
He left Legg Mason to found Miller Value Partners in 2012 after the fund suffered steep losses and an exodus of assets during the financial crisis.
Samantha McLemore, Miller's longtime co-manager, will assume management of Miller Opportunity Trust through her firm Patient Capital.
His eldest son, Bill Miller IV, will become the lead manager for the Miller Income Fund.
Persons:
Bill Miller, Miller, Legg Mason, Jeff Bezos, MacKenzie Scott, bitcoin, who's, Samantha McLemore, Miller's, Bill Miller IV
Organizations:
Legg Mason Capital Management Value Trust, Miller Value Partners, Amazon, Opportunity Trust, Morningstar, Delta Air Lines, Cruise Line, Big Tech, Miller Opportunity Trust, Capital, Miller Income Fund
Locations:
bitcoin