What We Can Learn From a Legendary Fund Manager's Retirement (Time Moneyland)

Having made his name as one of the most successful contrarian investors of the last two decades, Bill Miller is calling it quits – and those who are still a part of the markets’ rollercoaster ride can learn a thing or two from the CIO of Legg Mason Capital Development’s story. Miller outperformed the S&P 500 for 15 years, but his once-thriving fund’s holdings have dropped from $20 billion in 2006 to $2.8 billion today.