Advanced Trading – Until 2005 famed hedge fund manager Bill Miller had the Midas touch, beating the S&P 500 index for 15 consecutive years while running Legg Mason Capital Management Value Trust. But times have changed for the 61-year-old head of the $4 billion hedge fund.
In June the firm reported a $550 million loss stemming from an investment gone bad in Eastman Kodak Co., the former photographic film industry giant that’s struggling to redefine itself in a digital age.
