OT Danger, mean spirited post (but it's from the heart, so that should count for something <g>).
ork,
Cool. I think you would look great driving one. And I hear they are very good for picking up girls in Ann Arbor, if you are into that Birkenstock and no shaving kind of thing <g>
Well, let us see what our Asian brothers do this evening. Will they FINALLY become the leaders of the 21st century and actually lead, or will they follow like they always do and buy dollars and yada yada. I remain unconvinced.
Here is a story that warms my heart. Hey, xxxx xxx Bill Miller. If we shaved your head you would be useful again. I have not forgotten the impact you had blabbing about how you were buying the homebuilders. I was short and right and you were wrong and now you done blowed yourself up! It is also a dream that someday I never receive one of those <the favor of your reply> packages from Ken Fisher. Remember Fisher screaming that the shorts had it all wrong during the buyout mania of last year? I have not forgotten you Ken, but I hope to someday. And BTW Ken, you were wrong and if you actually carried those position you bragged about, then you done blowed yourself up too.
xxxx both of you xxxxxxxx. Someday I hope to toss a buck in your cup as I'm on my way somewhere.
GT
TH
news.yahoo.com
Fund slump forces Legg's Miller to seek safer bets
By Muralikumar Anantharaman Mon Sep 29, 1:21 PM ET
BOSTON (Reuters) - Facing his worst-ever slide due to catastrophic bets on financials, Legg Mason Inc (LM.N) fund manager Bill Miller is toning down his characteristic bold investment style in an attempt to recapture his past glory.
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Miller's comeback is crucial to the fortunes of Legg, the second-largest publicly traded U.S. asset manager, which has seen investors pull out billions of dollars from his main Value Trust fund as returns have tumbled since 2006, ending a record 15 straight years of beating the Standard & Poor's 500 index.
"What happened with Bill is that he was so successful for so long that when he began to be much less successful he thought it was going to be very temporary," said Jean-Marie Eveillard, a portfolio manager of First Eagle Funds and a well-known value-style investor.
"So he waited, and now he's come to the conclusion that 'I have to change my tune,'" said Eveillard, who owns Legg shares. |
