Bill Miller Trust
David Maciejko
Case Brief for Bill Miller and Value Trust
In 2005 mutual funds were the fastest growing investment vehicle in the United States. Bill Miller is considered one of the greatest mutual fund managers of all time, since 1982 he defied the odds by consistently creating returns with his investments that outperformed the S&P index fourteen years in a row. There have been investors who created better returns in a year, but none have come close to have long term returns like his. The problem in this case is to determine if it’s rational for an equity investor to buy shares of Value Trust. Looking at the success Bill Miller achieved with his mutual fund, it seems rational for an investor to buy shares in Value Trust in 2005. It’s
Case Brief for Bill Miller and Value Trust
In 2005 mutual funds were the fastest growing investment vehicle in the United States. Bill Miller is considered one of the greatest mutual fund managers of all time, since 1982 he defied the odds by consistently creating returns with his investments that outperformed the S&P index fourteen years in a row. There have been investors who created better returns in a year, but none have come close to have long term returns like his. The problem in this case is to determine if it’s rational for an equity investor to buy shares of Value Trust. Looking at the success Bill Miller achieved with his mutual fund, it seems rational for an investor to buy shares in Value Trust in 2005. It’s