For more than 30 years, giving your money to Bill Miller at Legg Mason was one of the most reliable ways to turn a profit. He beat the returns on the benchmark Standard & Poor's 500-stock index for 15 years running, a feat unmatched among the legends of Wall Street.
And his fall from grace was nearly as spectacular.
During the global financial crisis of 2007-08, the famed stock picker's bets turned bad, and once-loyal clients took their billions and left. And soon enough, he left the Baltimore investment house that had flourished on his good fortune.
"I regret I didn't retire in 2006," Miller joked. "Then I would have had this extraordinary record...