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Bull Market Celebrates a Birthday! I must have been in the Bear Cave for that party.
http://www.lmcm.com/pdf/MonthEndCom/...Commentary.pdf
Bill Miller Letter to Shareholders
I still believe he's one of the sharpest minds out there- even after his disastrous decisions in 2008.
Bull Markets typically begin when the following four conditions are present: the economy is bottoming, profits are bottoming, the Fed is stimulating, and valuations are low. That's where we are now.
http://www.lmcm.com/pdf/miller_comme...commentary.pdf
"Don't let your highs get too high and don't let your lows get too low." Bullitt’s Market Blog
Re: Bill Miller Letter to Shareholders
Bull Market Celebrates a Birthday! I must have been in the Bear Cave for that party.
http://www.lmcm.com/pdf/MonthEndCom/...Commentary.pdf
"Don't let your highs get too high and don't let your lows get too low." Bullitt’s Market Blog
Hall of Fame
Re: Bill Miller Letter to Shareholders
A very nice read Bullitt - thanx. "Following a bull market peak in Net New Highs since 1940, the median bull market has lasted another two years and delivered an additional S&P gain of 32%."
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