Happy belated Fathers Day to everyone!
I ate pancakes with Ellen this morning and than plopped down to watch six hours of golf today.
I was traveling all day yesterday but did catch the Phil Mickelson putt putt putt putt puttathon during my layover in Minneapolis.
Twitter went wild. The Twitter ‘Moments’ thread has some funny zingers.
I am not a huge Phil fan, but Phil is a ‘golfing’ legend. Putting a moving ball in the US Open will only add to the legend.
In the world of investing where I live…if you make five good guesses in your lifetime you become a legend (on CNBC at least)…
Little known fact – Bill Miller had his name legally changed to Legendary Investor. Kinda like Reality Winner. pic.twitter.com/cDEiN3ZV8D
— Ben Hunt (@EpsilonTheory) June 16, 2018
Dive a little deeper and you see that Bill is mostly a legend in marketing…
Here's Bill Miller's flagship fund (Legg Mason Value Trust) in white and S&P 500 in green, from 1994 thru Miller leaving fund in 2012. Over 18 yr period, Miller underperformed S&P, but because of timing of returns, he's a Legendary Investor and a REALLY rich guy. pic.twitter.com/8koOkGo5TE
— Ben Hunt (@EpsilonTheory) June 16, 2018
Bill has a $100 million yacht, so being an investing legend has it’s perks. But, I would rather be a golfing legend than an investing legend