Contrarian Toughness: Bill Miller Talks (Morningstar)

[truthwillwinout]

It really doesn't matter who you are. The stock market is a pyramid scheme run by fund managers in collusion. They are the ones who move the BID-ASK spreads all day, every day. And it is done ARBITRARILY. All of the so called reasons given in the financial press are just excuses for what they were going to do anyhow. The key to being a successful fund manager is to obfuscate the simple fact that the stock market is indeed a pyramid scheme using sophisticated talk.

[boybrushedred325]

A blowhard philosophy major that got lucky for awhile. I worked for Legg Mason for about 14 years. I wouldn't let their CFO Daley manage a fruit stand either. Time for a change.