View source for Annual Science Board Meeting and Symposium Bill Miller

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'''Bill Miller, CFA
Chairman, Chief Investment Officer, and Portfolio Manager'''

Bill Miller is one of today�s most renowned professional money managers. He is Chairman and Chief Investment Officer of Legg Mason Capital Management, Inc. and leads a team that manages $67.9 billion of assets as of 12/31/06.

Bill Miller currently manages the Value Trust and Opportunity Trust mutual funds. Legg Mason Value Trust is the only mutual fund to outperform the S&P 500 in each of the past 15 calendar years. Over the years, Bill Miller and his team have received numerous accolades for their management record and distinct style, which focuses on a detailed understanding of businesses and their intrinsic value.

His unique investment management philosophy and approach to undervalued stocks has also made him the subject of profiles in numerous books as well as publications, including The New York Times, Barron's, Business Week, Kiplinger's, Money, The Wall Street Journal, Fortune, and Smart Money.

He was ranked among the top 30 most influential people in investing when he was named a member of the "Power 30" by SmartMoney. He was also named by Money magazine as "The Greatest Money Manager of the 1990's" and named Morningstar's 1998 "Domestic Equity Manager of the Year." In 1999, he was selected as the "Fund Manager of the Decade" by Morningstar.com. Also in 1999, Barron�s named him to its All-Century Investment Team in 1999 and BusinessWeek called him one of the �Heroes of Value Investing.�

Bill assumed overall responsibility for the equity funds management area of Legg Mason in late 1990. Prior to this time, he co-managed (with Ernie Kiehne) the Legg Mason Value Trust from its inception in 1982. He was the director of research of Legg Mason from October 1981 through June 1985. He earned his economics degree from Washington and Lee University where he graduated with honors in 1972. Subsequent to graduation, he served as a military intelligence officer overseas and then pursued graduate studies in philosophy in the Ph.D. program at The Johns Hopkins University. Prior to joining Legg Mason in 1981, he served as treasurer of the J.E. Baker Company, a major manufacturer of products for the steel and cement industries. Bill received his CFA designation in 1986.