Changing investor psychology, deviations from expectations, unanticipated news items, the general noise level of the market and its commentators, all have a greater impact on intermittent price fluctuations than does a dispassionate assessment of value. That creates the opportunity for us …
Bill Miller, CFA
At Miller Value Partners, we think and invest differently.
We believe that our best investment opportunities come from a behavioral edge, while other investors look for an informational advantage. We value research from uncommon sources to help us understand the market as a complex adaptive system.
Sign up to receive email updates on our blog.
We are an independent investment manager led by Bill Miller. We offer distinct strategies to investors seeking long-term returns.