Bill Miller’s Sailing Trips Totally Getting Ruined By Poor Performance of Legg Mason Value Fund

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Remember the good old days? When it was all khakis and royal blue ascots? Girls in exotic ports and Spanish brandy? Old Warren Buffett singing “Yo, ho, ho and a bottle of tums”?
According to Bloomberg the good times are over:

There was little cheer at Baltimore-based Legg Mason when Miller returned from his late-December sail. Miller says there was no buck-up message waiting for him from his boss, Raymond ``Chip'' Mason. Nor were there condolences from his friend Warren Buffett.

Bill Miller better get that fund back in gear or we’re never getting aboard the admiral’s ship again.
Bill Miller, Mired in Worst Slump of Career, Embraces AES, Tyco [Bloomberg]

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