21 Burst results for "Bill Miller"

"bill miller" Discussed on Masters in Business

Masters in Business

05:45 min | 3 weeks ago

"bill miller" Discussed on Masters in Business

"Yes, so. Among the highest in the country, still that's what we've done for time. So it causes. Angst it causes angst when we have A. You know a year where we're behind the market. Fairly dramatically, but we always come back quickly in two thousand eighteen. Which is interesting in August of two thousand and I'm sorry. Yeah! Two, thousand, eighteen, two, thousand eighteen. Two Thousand Nineteen August two thousand. Nineteen we were. I think I. Think Eight hundred basis points. Or nine basis points behind the market. And we ended up two hundred or three hundred ahead of the market, so we made up like eleven hundred basis points in a quarter month. And I think that that's and the reason for that is that the Fed changes? Reaction Function. The market wasn't worried about a recession, and so all of the fear that drove the two thousand eighteen fourth-quarter decline dissipated and I think that's the kind of thing that you're actually starting to see right now. In the market you look at the people that led. My mentioned earlier in the first quarter and and they just killed it, but now I think that mean we're. We're now think we're. We're less behind now. You know we had a stronger. Fair market decline this year than we did back in two thousand and nineteen and early part of the year, so we're less behind now than we were August of two thousand and. Nineteen so I feel pretty good about our about our chances of doing well again this year. So one of the things you've said before that relates directly to that is volatility is the price you pay for performance? I assume you're going to expect volatility. You can expect big drawdowns like you saw in two thousand eighteen. How do you manage your client base? How do you manage the institutions you deal with when all the sudden during a quarterly review, hayward down eight or nine percent behind our benchmark Is that a challenge to juggle and or do? People understand that you want the upside? You gotta deal with a little bit of downside when things get rough well when I. When I bought the fifty percent ownership, and what was then called Lnm from Lake Mason I brought the mutual funds along. But I did not bring the institutional business along. And, so we don't, we don't really take. We have some separate accounts, but we don't really take institutional business. We not that we won't take it, but that we we're not actively trying to grow it, and we're only interested in having clients that really understand that point that you just made that. You'RE GONNA. Get volatility, and we're talking. We try and monetize the volatility, so we want. Want to do is if the market goes down a lot, you know as it did in in March of this year we will, we will reorient the portfolio around to try and take advantage when it comes back, and as it goes higher, we want to trim the stuff that has done really well and then moved out into stuff. That would tend to be more resilient on the. On the downside, but we don't have that you know. Obviously you know in the papers every day. What we're doing and we have quarterly calls and and and meetings. We don't have those quarterly institutional meetings. that we used to have and those those were were challenging, because every institution has got a different way of thinking about you know risk and reward and what they're looking for. I think I've been doing this long. Enough that most of our clients understand that that's what comes with the territory. And, so we really haven't you know. suffered much in the way of redemption is in the last several years in fact we have. You know I don't know if we have net inflows in our income fund definitely has net inflows so far this year and the other funds. If we if we have outflows, it's it's not much which is kind of unusual. For for an active Mutual Fund Clinton interesting, I have a million other questions for you, but I've kept you for an hour so far so rather than take up too much time we'll have you back when we're finally done with lockdown and let's jump to our speed round are our favorite questions. We ask all of our guests. And since mentioned that flex, let's start there. Tell us what you're streaming these days. What are you watching on either net Netflix Amazon prime more. Were you listening to in terms of podcasts or or anything like that? It's a really easy question, because the answer is nothing so I don't really I don't i. don't listen to podcasts. Yeah I, don't I. Don't stream anything I don't watch television especially since baseball season is on hold. That's about the only time I have the television. Television turned on so I'm I'm. I'm very out of touch with with all of that all of that stuff. So much more focused on You know reading than I am on on listening. We're watching, so let's jump to that question Tell us about what you're reading these days and mentioned some of your favorite. Sure so I just I I just finished Thomas Mann's the Magic Mountain Great Classic that I haven't that I had not read before. I'm currently reading the eight hundred page biography of. Frederick Douglass the you know the African American nineteenth century. I'm working my way through Ralph. Waldo Emerson selected works I. Just finished nature the first book that He. the first book that he published. And and then I read a biography of Frank Ramsey of the great..

Fed Waldo Emerson Frederick Douglass Lake Mason Frank Ramsey Thomas Mann hayward Ralph Netflix Clinton Amazon
"bill miller" Discussed on Masters in Business

Masters in Business

03:08 min | 3 weeks ago

"bill miller" Discussed on Masters in Business

"I don't think it's GonNa happen so I would. I would be shocked if the if the market retest those old lows. Let's talk a little bit about what's going on today. In the world of investing, and you and I were both around in the nineties. I have to ask you about the rise of these Robin Hood a predators. Is this just a distraction, or is this a potential speculative frenzy? It's both I mean I think it's. It's a distraction. In the sense of these, the number of people who are actually trading on Robin Hood is trivial. In terms of numbers of people are the volume that they can do. relative to the overall market. Maybe they can have an impact on something like hurts and all that some of these smaller. Names but but I think the focus on that is is is misplaced unless it's just it's just your standard and something entertaining to. Entertain to look at as you remember Berry back in the. Back in the late nineteen ninety s with the with DOT COM tech telecom bubble that traders were everywhere and they. They weren't Robin Hoods and that was you know. Brokerage firms were raising their raising their margin requirements, and so there was there was a lot more impact. I think on the overall markets behavior. During that time then there is right now. The volumes were lower relative to the. The number of people that were trading, and the way in which trading was done and and now the volumes are huge compared to what people have robin. Hood Day traders. Are, doing. I remembered as sort of a national pastime you couldn't walk into a restaurant or bar without seeing the stock market on the TV. It's nothing remotely like that today. Last we spoke, you had a very interesting quote. That I have to ask your thoughts on. In two, thousand sixteen, you said we are only halfway through the shift from active to passive. Give us an update. We're all we in that process. Do you still think? Lots of of. Fund Managers Closet Index Irs and this transition is going to continue, or how's your thinking on this changed I think that you know active management in secular decline. So I've just like newspapers have been in secular decline for a long time. You know once the Internet got going. Active Management has been in a secular decline that's going to continue because most active managers at value and most people especially, if the demographics get older, people become more risk averse. And so they're happy to have tracking error. If you're if you're active managers way above the market. But if the managers the market is the standard, and you're below the market for a couple of years and people take their money out. In fact, there was a statistic which you probably saw that I was surprised at. which was that at Fidelity that basically a percent. Of fatalities clients who were sixty, five and older, took one hundred percent of their money out of equities in the first quarter of this year. So that gives you a sense of both the risk aversion, and how fear spreads in the market, and also the fact that that you passive money still gets still getting the the flows equity ETF getting flows, but the the average active manager..

"bill miller" Discussed on Masters in Business

Masters in Business

02:30 min | 3 weeks ago

"bill miller" Discussed on Masters in Business

"For fifteen consecutive years from nineteen, ninety, one through two, thousand and five. Feet that I don't think has ever been matched Bill Miller. Welcome to masters in business. Thanks and it's great to be here I. Should say welcome back. Our last conversation was in two thousand sixteen. Let's talk a little bit about what's going on in the world today early March you went on TV and said you're looking at one of the best buying opportunities of. Of Your lifetime that turned out to be quite a precedent call. Tell us what you were looking at. That led to that conclusion. What was behind the thought process? So one of the things that that I'm quite confident of having done this for about forty years is nobody can predict the market with any maybe maybe Jim Simon's at renaissance, but certainly not. Certainly, not basically anybody else that I've come in contact with any consistent basis, so given that I think I think one of the things I wanna look at just how the market has behaved relative to its history, and in this case what we saw was the fastest decline from all-time highs to to a bear market in history, and when things happen that have never happened before that always gets my attention I tend to be in the Howard marks camp that you can, probably if if you're lucky, recognized extreme points, but other than that you probably have no better than a coin. Toss trying to trying to predict or guests regular cyclical turning points. So in this case, it just seemed to me that the prices had gotten so out of whack with anything other. Than, very very short term, fundamentals that that the probabilities were great that if you had a time horizon longer than a few weeks or a few months that you would very very well and I think that reminds me of in two thousand and two thousand eight. When Warren Buffett wrote that OP ED and said by American stocks. That's what I'm doing. And if I was at a meeting with warrant, a couple years later and somebody said weren't. How did you know that was the right time? To buy stocks and he said I don't know time I know price. He said that those prices were completely dislocated from any type of long-term. Go long term reality unless you believed the US economy. Who's going to be in a permanent depression? And so I think that's the same thing that that my view is. Those prices were very very disconnected. And if you look today, the market's at a big rally, but look at those prices back on March twenty third, and if you days after that I, mean most things are up. You know.

Bill Miller Warren Buffett Jim Simon US
Newspaper publisher resigns after printing racist cartoon

Radio From Hell

00:49 sec | Last month

Newspaper publisher resigns after printing racist cartoon

"Well who says nobody reads newspapers anymore the publisher of a family owned Missouri newspaper has resigned after publishing a racist syndicated cartoon depicting a black man stealing a white woman's purse while Hale healing funding cuts to the police bill Miller senior on Thursday said he has stepped down as publisher of The Washington Missourian but it's he's still the paper's owner the cartoon published Wednesday shows the white woman asking for somebody to call nine one one but the mask black man says good luck with that lady we de funded the police the cartoon published Wednesday hello I. that see the cartoon was published amid protests across the country of course and George Boyd yeah who says nobody reads newspapers

Publisher Hale Bill Miller The Washington Missourian Missouri George Boyd
Newspaper publisher resigns after printing racist cartoon

Charlie Brennan

00:23 sec | Last month

Newspaper publisher resigns after printing racist cartoon

"Hit the publisher and owners of the Washington Missourian newspaper have resigned over a cartoon many readers found racist and offensive the cartoon features a black man robbing a white woman saying good luck we defended the police the publisher bill Miller senior and the owners Miller's daughter Susan Miller warden Angie Miller would apologized and resigned another of Miller's daughters is taking

Publisher Bill Miller Angie Miller Washington Missourian Susan Miller
"bill miller" Discussed on WAAM Talk 1600

WAAM Talk 1600

01:53 min | 2 months ago

"bill miller" Discussed on WAAM Talk 1600

"If most of it is used to retain and rehire employees fox's jerit helper in Washington the Senate is considering a similar measure coronavirus deaths in the U. S. have now passed one hundred thousand South Korea is re implementing some coronavirus restrictions after reporting the country's largest spike in infections in more than seven weeks the rising numbers prompting the south Korean government to close parks museums and some senators in the capital city to try and slow the spread South Korea has been relaxing social distancing rules after apparently containing the outbreak fox's Simon Nolan America is listening to fox news bill Miller met with Dennis Miller I want to talk about Joe Biden's week because that is a constantly changing scenario they finally got Allison on out of the basement this week I wish I had witnessed that extraction must've been like trying to get those optic miners out of that Chilean mine a few years ago Biden has been in the basement longer than the senator's daughter in silence of the lambs and then he didn't even wear the mask well when he came out what was with the mass what was wrong about that I couldn't quite tell was that the arc welder shades coming right up to the mask and the mass the mass look like underwear or something it was so big and weird action you know be wearing a goalie mask out there I was watching micro show dirty jobs the other night and this week's dirty job was walking around behind Biden and cleaning up all his gaffes and it was a rough episode that's the minute time Dennis Miller attention all authors page publishing is looking for authors have you read the book and want to get it published page publishing will get your book into bookstores and for sale online at Amazon apple I tunes in other outlets they handle all aspects of the publishing.

fox Washington Senate South Korea Simon Nolan America Joe Biden Allison senator bill Miller Dennis Miller Amazon
"bill miller" Discussed on WAAM Talk 1600

WAAM Talk 1600

02:04 min | 2 months ago

"bill miller" Discussed on WAAM Talk 1600

"Rich Dennison president trump today discussing operation warp speed a program to begin manufacturing potential coronavirus vaccines before they've been approved this will eliminate any unnecessary delay and enable us to begin providing Americans with a proven vaccine today our scientists say we're ready we got it about fourteen potential vaccines are currently within the program's guidelines house Democrats hope to pass a three trillion dollar coronavirus stimulus package today but the White House says the president would veto the measure if it did get approved the bill includes a second round of direct cash payments to Americans a trillion dollars in aid for local state and tribal governments assistance for east central front line workers and an extension of unemployment benefits Senate Republicans called the measure a liberal wishlist John decker in Washington is listening to bill Miller met with Dennis Miller I want to talk about you can't let Biden out of the basement now recently for whatever reason they let Joe Biden up on the side porch of the house they had a minister and glasses leaning against a wall looking reflective and then he walked towards the camera in the streaming people thought broke up I'm telling you they had no screaming problems that was actual real time documentary quality footage of how in and out this guy is at this moment you gotta keep him down in the basement I like the image of his wife Jill going to the top of the steps and say here Joe here Joe he looks up in the dark with those Cujo AI's listen don't bring him on the porch he's a basement guy you know why because that's where you put all major appliances whose pilot light has recently gone out and that's the minute I'm Dennis Miller last few months have taught us what's important in life it's also taught us what we need to eliminate or change it's the same for business what are the changes.

White House president John decker Washington Joe Biden Jill Dennis Miller Rich Dennison bill Miller
Haden Fry has passed away at the age of 90.

The Al Malmberg Show

09:18 min | 8 months ago

Haden Fry has passed away at the age of 90.

"But Hayden fry we lost an iconic I will figure the other day at age ninety he fought that battle with cancer for a long time twenty seasons in Iowa a hundred forty three wins I had the privilege of seeing some of those wins and covering Iowa you were around him a lot hidden fry came up with this this hokey Texas style dumb as a fox war the sun glasses but boy did he went over that state did me we did he as I've told people the last couple days of this guy could run any fortune five hundred company because he knew who to hire he surrounded himself with great people he trusted them he he he delegated authority and all over your one line of of many that that he told me and I think nineteen ninety seven was I never want to hire an assistant coach who doesn't aspire to be a head coach and I know that's that's that's talking it's easy speak but you look at Hayden's first there were I think in nineteen ninety six or ninety seven you could have a leader maybe nine assistance top and that original staff he put together Wyrick five Amer hall of Famers or will be in the hall of fame notations in the hall of fame very over as Bob stoops bill Schneider in the hall of fame and her courage will be in the hall of fame but then you add in Dan McCarney and Donnie Patterson and bill Miller and later Bret Bielema and Chuck long all these guys reader all of employers are there going to be hall of fame coaches or at least most of them will be and so it and I'm not saying it was easy to wonder will because lockers are just suffered through eighteen nineteen non winning seasons I think there were two five hundred years in there had total lack was part of one of those but beyond that I will football pretty well tank after the the forest Evashevski run in the nineteen fifties and then along comes is Tracy from West Texas and I'm ever bump Elliott telling me after you're hired Frank Lautenberg who was the coach of the year to lido and he bombed and then Bob Cummings a high school coach Massillon Ohio came in and you know pull off a couple big upsets with this sizzle wasn't there and bomb should let me tell you it off I don't get this higher right you won't you won't see her anymore as AT and how ironic would that have been because about Bailey at only hired within a couple years time lute Olson Dan gable and Hayden fry and that doesn't that doesn't include C. Vivian stringer or later George raveling or Tom Davis sure or on on any pick bobbles be to selected as athletic director so bump Elliott was an absolute genius and he and Hayden it had the same kind of delivery Hayden Hayden was a front man Bob was always the guy in the background and they made it work for the better part of twenty years and Bob returned bowls became intercourse utility and do it as long as you want to do and then that prostate cancer reared its ugly head in in in the mid nineties and he struggled and obviously I will football slipped and the range were handed off to his disciple Kerr courage and it took him you know normally and and I will tell you the cupboard was pretty bare in ninety eight I remember I remember the gophers just absolutely kicking of the hard cash in the Metrodome Hayden's last year's last game and he had a tearful postgame press conference and then typically it takes for five years to get a program like Iowa restocked occurrence didn't three and in two thousand one they be Texas tech and clippings very in the Alamo bowl and it's been eighteen holes in nineteen years for Kirk Ferentz walls that time and you know and I I never take it for granted we never should I know Minnesota doesn't think what happened there sure for granted it's it's special to live in that kind of moment and I'm sure PJ's gonna have many years like it like he had this year and just like her Terence he he's obviously not done yet but Hayden was was a marvelous wept he had a character about a man and he understood he identified with the people I want me he came from the agricultural side of Texas and he knew all about farmers and and not only is he a hall of fame football coach would always would always amaze me and what a Namor him to what was your yeah you know having having the gall to change the tiger Harker change to the tiger hawk logo from the from her key with the challenge in the wings and the true arc having having the courage to call the Rooney family and say Hey I want to redo the I will uniforms and I want them to look more like the Steelers with the wide gold lettering and and are running said well go head coach but you better win and that's all he said and then the American each farmers the a and F. B. cal in the farm crisis the transcendent a lot more than I would it was Minnesota it was Nebraska was the farmers in South Dakota Hayden fry understood their plight and out of that came farm aid and millions upon millions of dollars for the for the farm family not not the big corporate farms but it that that's who he was the guy could run for governor and I won one a number of terms but he he thankfully stuck with football and with all the better for it yeah and when you look at the bullet points Gary on the resume of Hayden fry and and certainly again and I icon you brought up the a and F. D. cal I mean a bold stroke of genius a simple move but but he had everybody in that state you know eating out of his hand from that point on and then and then other things he did the pink locker rooms at Kinnick and I think he even if he were still around now would tell you his greatest accomplishment was integrating the Southwest Conference at SMU and he was the head coach there with jury Leviathan jury levias you know put up with a lot of crowd but he didn't got that ball rolling hating it was never afraid to take a chance on a young guy and you know that was the old Southwest Conference days was Arkansas that was taxes that was that was in North Texas at SMU everything was lily white and and he rolled the dice and and he always said that I didn't care what color the young man was he could play football and he could get it done on the academic side he was my kind of guy and and he rolled the dice with jury levias and to this day a jury lawyers she talks about breaking down the color barrier because of Hayden fry and and you know you and I should probably should mention that bullet point first Eric beyond a enough and and you know farm aid and the the tiger hawk logo which is now an international sign you can't walk anywhere in America overseas of somebody doesn't see that may go go arcs and I've heard that so many times Michigan Avenue or OR Broadway but he he just he from a P. R. marketing standpoint you know I've I've told people over the years we've all seen the wizard of oz and and the the human form of the wizard was the snake oil salesman who had the horse with the with the wooden wagon and he was selling the pots and pans the back end of his wagon when the tornado was wrong throne is trying to give Dorothy some philosophical advice about now you need to go back home and be with your parents it looks like a storm coming I think that was Hayden fry the wizard of oz he could he could spend it and and one of my favorite stories is that whenever we came to Minneapolis this is a hard one and and I hope she's doing okay said would come in the booth and and he he I think was Poland at total lex chain a little bit but I think he was as sure as you know are you get there's no way you guys are gonna keep Hayden fry he's going to USC he's going to Notre Dame or is going to the NFL every year he would come in every other year when we come to many many apples for and I wish it would matter should always got that you have been a huge there's no way you're going to keep this guy and and the point is understood how precious Hayden fry was not only as a football coach but in the environment that he was in that as long as he was and I was city I always going to be a winner they may not go to the Rose Bowl every year but he went to three of them in one three big ten championships and eighteen nineteen years yeah a remarkable run I remember covering the nineteen ninety Rose Bowl Iowa in Washington mark Brunell Chuck long it was a fabulous setting in Pasadena at the Arroyo Seiko and and I was since then has has really been able to you know year in year out have the kind of model that the golfers are looking for as far as their football program you know always being contention plan a bowl game in every two or three years maybe have a shot to you know playing a significant bowl game and it's great to reminisce Gary about Hayden fry in those days down in Ireland and certainly he's a legend so thanks for sharing your thoughts Hey my pleasure you know in Minnesota and and I work

Hayden Fry Cancer Iowa Eighteen Nineteen Years Two Five Hundred Years Nineteen Years Twenty Years Three Years Five Years
"bill miller" Discussed on We Study Billionaires - The Investors Podcast

We Study Billionaires - The Investors Podcast

03:14 min | 1 year ago

"bill miller" Discussed on We Study Billionaires - The Investors Podcast

"And then he paused and said he said, in fact, anybody who wasn't down over forty percent doesn't know what they were doing. Absolutely love to just say that. And speaking of Ted and Todd these one of them took a position, Amazon, you mentioned, Amazon before there was amazing investment. You have a large percentage of your portfolio. Amazon actually, thing it is the largest and you also have small positions in the bobber and alphabet not so much talking about the specific picks. But they're all major players in cloud computing. How do you see the future of cloud computing, and it's impact would it have for us. A stock investors. Cloud computing is a broad secular trend. That can be summarized in venture capitals Mark Andrews since common from eight or ten years ago. It software is eating the world, the whole move towards cloud computing, is one of those things that strategic the digitalization of corporate processes, the poster child for that as Amazon's AWS, which completely dominates that part of the business. You know, the outsource computation part of the business, and that's still very, very early early stages. I think that AWS is running probably a van rail. Around thirty billion dollar annualized run rate. And I asked him Jeb Asia's a couple years ago. What the addressable market was that he said trillions and trillions. So it's very, very early very, very early days on that, and the other companies that are involved in that space. I mean, just name seven, but we don't own that I wish I wish we had gotten earlier, we don't own them, but, you know, service, now atlassian workday. Shop a affi- twi- Leo Anna plan. Those kinds of things are all cloud computing, companies. And interestingly enough daylight today, where the markets basically going nowhere, but has kinda bad at breath, all of those companies are up. It's the kind of thing that, if you own cloud computing companies, which by large are very expensive than you have to have a very long time, horizon, and be willing to take substantial volatility. If you're going to get out of them if they go down twenty or thirty percent then you're never gonna make any money in those names. Interesting Bill was speaking to a friend of mine, here, the other day we were talking about the best value, investors. We very near like that. So sometimes you made up. And we talk about who are the best belly investors, of course, tune, Indra you and it was super excited, I had a chance to be to you. One of the other guy said, well, Bill middle is not really a value investor, at least not in the Nike ole fashioned sense, like he bought bitcon and he bought Amazon for a lot of investors, they might be thinking while that doesn't really make any sense, and you really like Botham at a really, really good time without perhaps talking about bitcoin is talking about Amazon, how you thinking about let's call emerging moats of companies or security in general tour, probably pretty decent example, like the view another one of how we think about that. I would first of all the notion that we're not investors. I would say that we're not simple accounting based factor investors so anything that can be put into an algorithm, can be replicated and therefore any advantage. Those factors can be arbitrage away, which is why the old Ben Graham stuff of low pillow price book, low price to cash flow. It hasn't worked in probably twenty five or thirty years because it's so. Easily replicated offered in Munger. Both talked about they'd much of their pay up for really good business in by Warren calls a cigar about that super cheap on the accounting factors..

Amazon AWS Bill middle Mark Andrews atlassian Jeb Asia Ted Leo Anna Munger Ben Graham Warren Todd Botham thirty billion dollar thirty percent forty percent thirty years ten years
"bill miller" Discussed on We Study Billionaires - The Investors Podcast

We Study Billionaires - The Investors Podcast

02:04 min | 1 year ago

"bill miller" Discussed on We Study Billionaires - The Investors Podcast

"Beats of the S and P five hundred index with fifteen years straight out, performance when he was managing the leg Mason capital management value. Trust fund today. Bill is the founder of Miller value partners and manages over two billion dollars since two thousand nine Miller's flagship opportunity trust has produced annualized gains of twenty point four percent annually after fees. So without further delay. We bring you Mr. Bill Miller. You're listening to the investors podcast. While we study the financial markets and read the books that influenced self made billionaires the most, we keep you informed and prepared for the unexpected. This episode of the investors podcast is brought to you by sip recruiter. Finding a new job is a lot of work. What if you had your own personal recruiter to help you find a better job now? Seep recruiters technology can do that for you. Just download the CBA Kuta jumpsuits app live. No kind of jobs, who interested in and technology starts doing the work the recruiter app finds job, you'll like and put your profile in front of employers who may be looking for someone like you, if an employer lecture profile sip recruiter Luchino. So if you're interested in the job, you can apply based on the third potty survey. Seven out of ten people who find a job on seep recruiter increase the salaries. These were the results of two thousand seventeen Ussery of over five hundred sip recruiter users who will hire for job. The font on sip recruiter listeners of the masters podcasts. Can download the free soup recruiter jobs IRS app today. And that the power of technology work for you. Don't wait the sooner you download the free CPA Huta job up the sooner it can help you find a better job. All right. Back to the show. Welcome to the investors podcast, Preston, I couldn't be more excited..

Mr. Bill Miller Miller value partners Kuta Luchino founder IRS Preston two billion dollars fifteen years four percent
"bill miller" Discussed on Pet Life Radio

Pet Life Radio

13:03 min | 1 year ago

"bill miller" Discussed on Pet Life Radio

"Welcome back to Dr fat gone to the dogs. I have me Bill Miller he'd veterinary. Ophthalmologist welcome. Dr Miller, Dr Graham. I would love for you to explain a little bit about who you are. And what a veterinary ophthalmologists is. And does so that my listeners can understand. I I'm not sure that everyone even knows veterinary ophthalmologists exist. But clearly here you are. I am I'm a I'm a board certified veterinary ophthalmologists, and what's essentially that is is I specialized care of animals is much all animals other than people just like a primary care veterinarian. I went to bed nursery school, and then after veterinary school, I did an internship in small animal better surgery, or I developed an interest in the our our crept to residency at university of Auburn that I finished a number of years ago. And then after finishing my residency. I was able to pass the certifying exam from the American college ophthalmologist and become a board certified veterinary ophthalmologists. And what a bit night opthamologist does is essentially the same thing, you're ophthalmologist. Examine is what make diagnosis about our problems prescribe this surgery? So what we do is is not unlike your position off mildest other than we don't do nearly as much for practical work. I correct near side of this hour, and as as our human colleagues, but that doesn't seem to be a big problem. Among our our veterinary patients. Well, they don't complain about not being able to read and drive much. Do they very often? Well, so I wanna talk about some of the things that my pet owners might see maybe common diseases or things that might be a red flag for dog lovers that their dog needs to see their veterinarian or even their veterinary. Ophthalmologists? Can you do that for us? Most of the time. What the the owner is going to see is just redness and discharge times redness and just charge. Think that this is more than an allergy or more than Ericsson because movie either visas and the dog will only show up as redness and discharge and that can read this and discharge idea fine. If anything from a minor Cornelia attention, just something that's called a small abrasion on the I walk home. And if we catch these diseases early many times they can be corrected vision. So what I recommend to all my that owners out. There is if you see anything that alarms via bapley is especially when it comes to redness and vis charge. Your Dow holding the clothes rubbing FBI? There may be clear discharge or core. Discharge comes the I we open the I the front part of the is things a little cloudy or the Khushi surrounding the I seems to be read consider that something you mean to contact your primary care veterinarian four immediately. For better in his fairly easy to correct early more expensive and more difficult to correct later, so time you see redness and discharge from an eye. Contact your primary care veterinary and takes third examination. And then if your primary care that Nancy something that they're not sure about or needs further care. They will contact veterinary in their area and animal scheduled for a actor exam by veterinary ophthalmologists. So what you're saying is John take time to Google the symptoms. Go ahead and see a veterinarian or at least. That's what I would want to say. Yeah, that's a good point many times over and had a chase today where the owners had gotten on the internet, and they had Google horrible horrible blinding disease for their dog or turn out at the dog. Didn't any of those things. Back. We were able to make a minor change in therapy. And we're able to correct the problem, whereas they were almost or or they didn't want her to go blind. So they were considering euthanasia dolls, or in fact with just very simple changes to the care where you're able to preserve the preserved. Yeah. There is no substitute for an exam and a relationship communication between a pet owner and a veterinarian. So do you have any don't besides Dr Google any kind of stories you could tell about someone that may be used a human medication or something like that that that we could teach people about or just about every week. I see a case where somebody has had medication for an animal may have had a different problem or even the same animal that had an eye problem. They just held onto the and then another problem thing. And again, they pretty much all present. With an hour. That has redness and discharge a good example is one that we saw recently where the primary care veterinarians had prescribed an antibiotic that had a steroid. And it was a combination product news. Very commonly the the number by a problem. Well, then this dog presented with tooth pain, and redness and discharge and then owners mind. Before the difference was the second time the opportunities for the problem that had a corneal ulcer and using steroids can be very contra indicated have a corneal officer or an abrasion to the front part of. Yeah. And then on their own advertently that meeting her dog that are stored in a nine turned a very simple into one that we ended up had surgery on to save the I'd say fish. Oh my goodness. Yes. So that is an excellent point that the things you are going to see as a dog owner, they're all gonna look the same. But they can only to you because they're gonna look different to your veterinarian, and your veterinary ophthalmologist, also I really want to talk about when do we need to see veterinarian because you said it makes a difference. Whether or not something is caught early. So can you speak on that a little bit? Well, a good time. Eric here to do an ocular exam. Any time they do a physical exam. So at least annually in probably every six months, especially as the dog gets older than for certain, breeds example. Copper spaniels often end up having to. My later in life that affects a large number of cocker cocker spaniels, for example, or Basset hounds with may have some problems with increased production as well as block coma. And so in these cases that we're in they do some specialized testing as part of their Oxford Sam. And then if they see a problem that they're concerned about the context that very. To either discussing Jason discuss therapy further or seek additional diagnostic tester. So in your opinion. There are certainly issues that if you catch them you can save is. And I want everybody to recognize it's really not a wait and see kind of issue when it comes to ocular disease. Would you agree? Dr miller. That's correct. I tell people all the time. The sooner you catch a problem the easier it is to correct and the less expensive. Menia problems are six people. Most is can be saved. Most of the time. Patients can be saved. But we have to get those problems to your primary care. Taking a look at problem determine whether it's easy for them to collect. Each here. Yeah. Your dog only has those two is. So we really wanna take excellent care of them. So don't be tempted to put some bison drops in and wait and stay that is not going to be your best course. That's correct. That's many times over the counter medications may not harm the I that they won't open and anytime problems are very simple. Early Tom accurate vision as long so. So you mentioned glaucoma in certain breeds of dogs are there other common ocular disorders that you see that you think many of my listeners would care about knowing the symptoms of sure just some general things anytime, you have a terrier breed presents with assault known set pain, discharge read this. I become small Winslet station. The lands in the eye. It moves from its normal position into the front of the eye. And that's a fine example of a disease where you make the diagnosis quickly surgery can be performed in vision safe that animal can be safe for life for the animal and interestingly that's a disease, and so current younger terriers, and that's every everybody that's out there. Meaning he breeds developed cataracts. Almost all that dogs at some point following their diagnosis dot diabetic cataracts. A prime example of. When we catch those cataracts, very simple to remove the Cadillac restore vision by fake almost which is a small station cataract surgery. Very similar would be if you had cataract surgery or put in an artificial lens implants vision is probably ninety five ninety eight percent of the cases, we don't catch these cataracts early. There's phenomenal. The body does not recognize wrench protein being part of its own and will develop the auto immune reaction where the body tries to reject. This just like if you were to have a heart transplant. Your body was tweet check the heart. And in rejecting that wins will destroy the o diabetic dogs also get a diagnosis diabetes. And you start them on insulin is a good idea to get an accident. At that point. Then you could determine the ideal time to remove the tattoo. I think there's a large enough number three out there. Most of the the animals have what's called certification exams. Make sure they're free of the disease that way, you can be more true than getting a puppy. These dogs. Certified parents that show the three and one. And one. A lot of my dogs won't come. So many pounds. I have rescued watch great dogs and to be age by looking at the wiz inside the eye. I can often tell within a year old that dog is. Reykdal. Need just to have to make cool. I have a lot of rescue groups asked me to age dogs too. But maybe maybe I need to do some of that. I don't know. I look at teeth. So that's exactly what I was gonna say you read my mind because I was going to ask you about congenital disease that things that happen in younger dogs on one. Everybody to think, oh, well, my dogs young. She won't have any problem with her. I because they're all kinds of things that young dogs can have you bet all we see a lot of entropy on where the charge and again in younger breeds young felt especially dogs. Like labrador retrievers sharp as Giles you can have cataracts. On fact, we've seen dogs born with cataracts. So correcting those problems early in life can provide vision for the rest of the entire dogs lives. So it it see again can't stress this enough. If you have a young. This got author discharge somebody what the age read this change to be polling at the is sometimes sometimes not. But if you're concerned adhering to your your primary care also. Oh, yes. Absolutely. So I think that in a lot of your cases, you get to have happy endings. And I bet you would say that the ones that are not as happy are the ones that maybe didn't seek help quickly enough. That's very true. We had a case today where the dog had cataracts for four or five years. People are busy with life in general, and they get society that brings dog they were on behalf cataract surgery. But unfortunately, the cataracts and been there too long. And there was nothing to restore vision. Oh, yeah. Bad ending for today's..

cataracts Bill Miller Google university of Auburn Ericsson FBI Dr Google Khushi Dr Graham Cornelia officer Nancy Dow assault John Eric Winslet station Jason Tom Giles
Cardinals, Mike Metheny and Mike Scheldt discussed on Vince Coakley

Vince Coakley

00:49 sec | 2 years ago

Cardinals, Mike Metheny and Mike Scheldt discussed on Vince Coakley

"Sports play well after an eighty two loss to the reds that dropped down this fortyseven fortysix the cardinals fired manager mike metheny last i replaced him on an interim basis with bench coach mike scheldt the cardinals also relieved hitting coach john me bran assistant hindi coach bill miller of their duties mathie was in a seven season as skipper elsewhere in the national league a big night for how they are by as in san diego bias drives one in the right field it's deep it's back toward the right center field fence raises their that bond is gone homer and the cubs have broken at wide open they lead eleven to four listen to these fans in san diego pat hughes.

Cardinals Mike Metheny Mike Scheldt John Bill Miller Cubs Pat Hughes San Diego
"bill miller" Discussed on KMOX News Radio 1120

KMOX News Radio 1120

04:45 min | 2 years ago

"bill miller" Discussed on KMOX News Radio 1120

"Have an opportunity to talk again so dr bill miller you grew up or at least lived here in saint louis for a while you're in phoenix now the cardinals are out there playing in phoenix aren't they i think the cardinals are playing this series too bad they're not doing very well so you're you're all right okay don't feel the loss in any particular team you'd root for are you a cardinal's fan or a cardinal fan you know i've i've terrible every place i've moved i've ended up adopting the local team and just it makes it more fun to have a the the local team where most people identify although phoenix is a big transplant from all over the midwest and so it's less fierce loyalty than let's say the new york giants or the philadelphia eagles so today is world ufo day does that mean anything to you yes it does i i would like to tell the listeners that there are extraterrestrial beings but that's not what they're thinking yeah because for me i don't believe in aliens and when i say that i think like intelligent life and i am hopeful that they exist i would love it if they did that would be well maybe it's better we don't get invaded but it would be a huge story if they did i just don't believe in it but they're the way we think of it may not actually be the way it actually exists in space yeah well that's that's that's my way of thinking to let me explain first of all just for the sake of the listeners despite anything they've read and you know how many great movies there have been and tv shows there is absolutely no evidence of any extraterrestrial life out there there there is there is no actual evidence that doesn't matter what you read it doesn't matter who who says that they've been probed and they give great testimony on tv shows it's there is no real evidence but there is extra terrestrial life because we sent it out there what we've done and and at first it was inadvertently now is just i think careless personally but yeah we we sent microbes into space on our spacecraft back in the early part of the nasa that's it was very dedicated to not letting that happen yeah it's part of their charter and actually it's part of space treaty that we have an active back in the sixties where a joint signatory with many other nations absolutely proclaiming that we wouldn't make that mistake i thought there was like a specific amount they had to stay under in order they didn't contaminate different areas they went to nasa nasa tried to really be good there they had a thing called clean rooms and what the meant was when they were assembling the spacecraft they would make sure that it was micro free so this is back decades and decades ago they would use the technology of the time and that was culture culture is is you grow microbes on a certain culture media our place and you can test for the presence of microbes you can see them under a microscope and so they were doing that scrupulously and at first they were sending off the spacecraft and they were saying well basically they're still and if they're even just a few microbes as they can't hang on they couldn't possibly survive the rigors of of the launch and the space the vacuum of space and so on it just turned out that everything that they thought was wrong now with our modern techniques we have a new technology called meta genetic sequencing whether it really means is you can slice and dice up the microbes you can get little bits of genetic material and you can identify them even when you can't culture okay and when they did these this new technology they discovered it they found to their meant that they were only a dentist buying a ten percent or fewer than all the microbial life that was present it was think of it as sort of dark matter of life that was actually there but it just couldn't be seen and it couldn't be measured but it was there all the time we're joined by dr bill miller and evolutionary biologists just happens to be world ufo day now that we're talking about space kind of like the hubble telescope when before they started focusing on specific areas it really they thought space was limited in then they waited to see what light would be focused in when they just like specifically looked at an area and it completely opened it up.

dr bill miller saint louis phoenix cardinals ten percent
"bill miller" Discussed on WSB-AM

WSB-AM

01:54 min | 2 years ago

"bill miller" Discussed on WSB-AM

"Year that we did where we featured a quote from bill miller where he called for a meltup of the stock market do you remember that andy was was in january and so it looks like that's unfolding now so after the pullback in early february is that meltup scenario back on the table i mean if if you blinked you missed that pullback and i think it's at least to me it's amazing how fast the market bounced back but yeah bill miller laid out that playbook and really so far the market seems to be following his thesis now miller isn't really as big of a household name as like warren buffett john bogel at vanguard right but miller is famous in our industry because he'd beat the s and p five hundred for fifteen straight years until so here is how bill miller explain this meltup scenario tenure yields go through to sixty and head towards three i think we could have the kind of meltup we had in two thousand and thirteen where the market was up thirty percents that's interesting because a lot of people would say risks to to stocks going higher is the interest rates go higher you would actually push the rally keep it going that's the evidence that we saw that in two thousand thirteen and the reason why is that in two thousand thirteen people finally began losing money in bonds for the first time in thirty years and they took money out of bond funds and put it into equity funds that's the only year that's happened and i think if we can get that towards that three percent level you'll see the same thing so you'll get flows into equity funds for the first time since two thousand thirteen bill miller said that back at the beginning of january and here we are two months later the ten year yield blew through two point six and it's knocking on the door three percent yen add hold up here i know that it can be difficult to follow along with all these numbers we're talking about yields we're talking about you know returns an indices it's hard to think about number sometimes without some context so if you head over to investingsense dot.

bill miller andy john bogel warren buffett three percent thirty years two months ten year
"bill miller" Discussed on We Study Billionaires - The Investors Podcast

We Study Billionaires - The Investors Podcast

02:06 min | 2 years ago

"bill miller" Discussed on We Study Billionaires - The Investors Podcast

"You're listening to ti i pay hey how's everyone doing out there so on today's show we have one of the biggest names in finance mr bill miller in the past bill has been named the greatest money manager of the decade by morning star and part of the power thirty by smart money and he's a member of the all century investing team by barron's when bill was the chief investment officer for leg mason he managed over seventy five billion dollars in today bill is the owner of miller value partners and i think you're really going to get a lot out of this conversation because we talk about the recent pullback in the global equity markets we talk about commodities and we even talk a little bit about crypto currencies and so i have no doubt you guys are gonna enjoy this conversation with the extremely intelligent bill miller you're listening to the investors podcast while we study the financial markets and read the books that influenced self made billionaires the most we keep you informed and prepared for the unexpected let's take a quick break and hear from today sponsor one of the most difficult things to overcome when investing is to have control over your emotions that's why stig and i recommend a service called trade stops trade stops provides a service that calculates a stocks unique volatility and provides buy and sell recommendations based on the stocks momentum trade stops uses the ticks to calculate the most opportune times the buy and sell while reducing your exposure to the overall risk so here's the best part since your listener of the investors podcast you can get twenty percents off the service when you visit trade stops dot com forward slash t i p that's trade stops dot com forward slash t ip there's even a thirty day money back guarantee if you're not satisfied with the results so what do you have the lose go to trade stops dot com forward slash t ip today all right back to the show all right so here with bill miller.

mr bill miller barron chief investment officer miller value partners seventy five billion dollars thirty day
"bill miller" Discussed on AM 970 The Answer

AM 970 The Answer

02:23 min | 2 years ago

"bill miller" Discussed on AM 970 The Answer

"One and four forty seven the great donny osmond singing about puppy love all i could think about this this this idea for pizza with tiny pizzas on top of the at this point but evidently i have not engendered the same enthusiasm with you let's chicken over there busy phones ooh all right no problem gives matt air telephone telling coordinated the perfect and ample opportunity to complete his ship in a bottle that he has been working on and it gives me the perfect opportunity to commend a few people that need some commending let me begin with bill miller bill miller is a wall street tycoon he's an investor that is famous for beating the s p 500's index for fifteen years in a row fifteen years in a row he beat the s p 500 is difficult that it so the guy it's not like he's sitting at a dartboard sitting with dart's throwing throwing them at the wall street journal stock page now he actually knows what he's doing and knows how to invest shop he has made a lot of money as you might imagine and he has donated seventy five million dollars did you hear what i said murayama dollar two johns hopkins university's phd program info lhasa ththey because his bill miller put it philosophy has had a huge impact on his life on both is outside both inside and outside of his business so i think this is great great to have more kids studying philosophy and applying philosophy to making i dunno sound investment decisions so i applaud him for not only his financial ackerman others investing ability but i applaud him.

donny osmond bill miller matt wall street journal johns hopkins university fifteen years seventy five million dollars
"bill miller" Discussed on WBT Charlotte News Talk

WBT Charlotte News Talk

02:06 min | 2 years ago

"bill miller" Discussed on WBT Charlotte News Talk

"See for credit cards while they are still available because there could come a time when they're not so to summarize the debt angle of the interest rate story it's safe to say that rates stopped going down in 2012 and then again in 2016 showed that historically low interest rate environment may be transitioning we could be looking at a rising interest rate environment andy what does that mean for stock so there's two schools of thought right one is that rising rates could actually be good for stocks take listen to what bill miller had to say about rising rates in the stock market bill miller remember considered one of the best investors of all time this guy outperformed the sp 500 for fifteen consecutive years here is his opinion on rising rates in the stock market right now for truce towards story i think we took we had in two thousand thirteen where the market was up thirty percent we saw that in 2013 and the reason was that in two thousand thirteen people finally began losing money in bonds in the first time in thirty years and they took money out of bond funds and put it in equity funds that's the only here that's happened and i think if we didn't get that towards the three percent level you'll see the same thing so you get flows into equity funds for the first time since two thousand thirteen so alan hang on miller said the stock market could melt up like it did in 2013 to the tune of another thirty percent and that's on top of last year's 21percent returns yeah so it's one perspective there are a lot of conditions that are all firing at the same time here synchronized growth across global economies corporate profits that are growing tax reform out of dc we're gonna talk about that more later in the show but let me take the other side of bill miller's view spin or thirteen months since the sp 500 had even a mere three percent pullback valuations are stretched and if rates rise fast it could spark some profittaking was stocks so it really wouldn't surprise me if at some point this year the sp 500 dropped by ten percent so think about it we're talking about a pretty big range of hypothetical returns here let me ask.

bill miller stock market alan thirty percent three percent thirteen months thirty years ten percent 21percent
"bill miller" Discussed on WIBC 93.1FM

WIBC 93.1FM

02:06 min | 2 years ago

"bill miller" Discussed on WIBC 93.1FM

"See for credit cards while they are still available because there could come a time when they're not so to summarize the dead angle of the interest rate story it's safe to say that rates stopped going down in 2012 and then again in 2016 so the historically low interest rate environment may be transitioning we could be looking at a rising interest rate environment andy what does that mean for stock so there's two schools of thought right one is that rising rates could actually be good for stocks take listen to what bill miller had to say about rising rates in the stock market bill miller remember considered one of the best investors of all time this guy outperformed the sp 500 for fifteen consecutive years here is his opinion on rising rates in the stock market right now sanyo furether tree fix the three i think we could have the kind of note that we had in two thousand thirteen where the market was up thirty percent we saw that in 2013 and the reason was that in two thousand thirteen people finally began losing money in bonds the first time in thirty years and they took money out of bond funds and put it into equity funds that's the only year that's happened and i think if we can get that towards the three percent level you'll see the same thing so you'll get flows into equity funds for the first time since two thousand thirteen hang on hang on miller said the stock market could knelt on like it did in 2013 to the tune of another thirty percent and that's on top of last year's 21percent returns yes so it's one perspective there are a lot of conditions that are all firing at the same time here synchronized growth across global economies corporate profits that are growing tax reform out of dc we're going to talk about that more later in the show but let me take the other side of bill miller view spin over thirteen months since the sp 500 had even a mere three percent pullback valuations are stretched and if rates rise fast it could spark some profittaking with stocks so it really wouldn't surprise me if at some point this year the sp 500 dropped by like 10 percent so think about it we're talking about a pretty big range of hypothetical returns here let me ask.

bill miller stock market sanyo thirty percent three percent thirteen months thirty years 10 percent 21percent
"bill miller" Discussed on KVNT Valley News Talk

KVNT Valley News Talk

01:40 min | 2 years ago

"bill miller" Discussed on KVNT Valley News Talk

"Oh severe constantly changing environment damaging oh no doubt about it all right let's go to the phones and todd's on the phone hey todd who good afternoon representative bill miller and he was the drive home uh you know a real foggy in anchorage but not too bad although there is a wreck just by the the plumber ross so and the parks the junction of going into town that's holding some people up so how okay i wonder if it's a highspeed chase that i saw newly out it me uh there were a lot of police officers there yet others and i thought i'll tell you about it on the other side what's your question or comments well sir i have a couple um but i will try to be quick first of all uh uh uh representative mo it i know that you need to say that governor walker has a good heart because you need to work with him but i will go ahead and say what maybe you can't say which is i i don't think he does time anyone who who had dubbed veto the half the permanent fun dividend checks of poor families in alaska and also manipulate funds to uh not fund dick tgv road project and and other deceptions uh that that he has uh wrought on the state over the last three years that tells me that he doesn't have a good heart but i'm the he certainly as a good politician i'm i would i would like to say thank you for your strong stand uh on f denied you on i know you didn't vote for it and i also appreciate your amendments during the sp 54 uh hearings and your strong stance against i asked the united one so thank you for that i'm i guess i have two questions that kind of related uh one could you explain.

alaska governor walker representative sp anchorage bill miller others time wonder people
"bill miller" Discussed on KNBR The Sports Leader

KNBR The Sports Leader

01:46 min | 2 years ago

"bill miller" Discussed on KNBR The Sports Leader

"Report today because if you're moving panic now you need a second baseman swede he have to take the 250 plus gordon which gordon's got three guaranteed years left and i think what kind of rhode is that a year i guess row could then you've got a well i guess what is pablo third than or whomever brown but anyway big so there's that element casey mckee hoogly charlie hayes keep killing who had who's ever achieved with big marine is cochin coach bill miller will bill miller ago matt waves via a third base coach over in oakland right now now when you're on tv lovely never seem to me like he was completely comfortable like he wanted there was something like yeah i'd like to do this for a number of years is tv gigs we had dugout lake key tell like i'm under the key my name out there my face out there and it's and tv but i want to get back in the game i want to give that wasn't at that that that was in his deal a doing tv and that is that his deal so good for him he gets back in uniform and uh that have to move yet homes right across the bayer i don't know that just seems like a lot to me it seems like and maybe i don't know maybe the marlins us and well we don't have the trade him and old going to get something bang foreman maybe they'll be teams are out there that a at a lot muddied and yet i can't imagine slow out of other teams out there if there are any other teams out there they want to give up to fifth by the ride like we're gonna prospect i give you a hundred forty unical split over the other now boast oh let's go dutch will split with you now that sounds like a pretty good deal from the marlins because again what their goal is to get rid of that money in kind of rebuild this whole thing they've had stanton on.

gordon rhode pablo casey mckee bill miller oakland marlins foreman stanton second baseman brown charlie hayes dugout lake
"bill miller" Discussed on Animal Spirits Podcast

Animal Spirits Podcast

02:02 min | 2 years ago

"bill miller" Discussed on Animal Spirits Podcast

"At what a lot of people call the paper gap there's not much doubt that's roughly a percentage point than half or more compounded over the course of investing lifetime we focus a lot on the basis points and probably not enough on the percentage points that skid yeah so people focus on the mnuchin at the big thing gloria i think that's that's the thing that tripped up a lot of people as the minor details instead of focusing on the big wins because it's you know people wanna talk about in this is probably a fault of ours to invest an industry we debate about things like passive versus active in which smart beta funds are the best and how useful is that really to people volatile right it's yet the big things what's your percentage of money you're saving are you making more money overtime are you behaving clear investments instead of flipflopping and going into different things all the time what mix is your portfolio between stocks and bonds right yeah the big via the big yet asset allocation boozing with is a matter the individual pieces that you select together exposure much less important yes i agree yes get those big things right in your eighty percent way there and then he can worry about the manucher from there but the most of those things don't matter so in holy shit news bill miller the investor from legg mason who beat in the mortar he's not like mason anymore he started his own thing i think i think he's still technically to the spinner matters anyway it's a as its own yeah he has his own investment firm miller value partners so he beat the the market for fifteen straight years which i don't think there's ever been done now that was a record free remarkable so anyway he has a hedge fund where a third of his assets are invested in bitcoin which is insane i think he's up 75 percent your that fund and the article from the wall street journal says in his latest letter to the hedge fund investors released this week mr miller said the fun paid an average price of not 350 for its bitcoin which trader friday morning above fifty seven hundred which is hilarious because today it's what is to answer.

legg mason miller value partners wall street journal mr miller bill miller eighty percent 75 percent