Bill Miller, Leaves Legg Mason, But Still Hot on Amazon

Famed fund manager Bill Miller cut his teeth and made millions picking the right stocks during his multi-year tenure at Legg Mason (NYSE:LM), where he beat the S&P 500 for 15-years straight.

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Now he’s picking stocks for himself after purchasing Legg Mason's interests in his company LMM, which includes the Legg Mason Opportunity Fund (NYSE:LMOPX), in a deal announced

Bill Miller Talks Stocks

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Amazon shares have soared 45% over the 12-months as traditional retailers continue to struggle. Case in point, Macy’s (NYSE:M) announced plans on Thursday to close 100 stores by early 2017.

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