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Tag: Legendary

Legendary investor Bill Miller: Market could be headed for a 'melt-up' of 30%

Legendary investor Bill Miller: Market could be headed for a 'melt-up' of 30%

Finance
Worried about higher interest rates putting a dent on the stock market's rip-roaring rally? Fear not, a rise in rates will actually help stocks, according to legendary investor Bill Miller."Those 10-year yields go through 2.6 percent and head towards 3 percent, I think we could have the kind of melt-up we had in 2013, where we had the market go up 30 percent," Miller, the founder of Miller Value Partners, told CNBC's "Closing Bell" on Tuesday. "If we can get the 10-year towards that 3 percent level, you'll see the same thing.""In 2013, people finally began to lose money in bonds. They took money out of bond funds and put it into equity funds," Miller said.Miller is considered one of the best investors ever, after beating the market for 15 years in a row while working at Legg Mason. Stocks...
Legendary Hollywood actor accused of assault in shock claims

Legendary Hollywood actor accused of assault in shock claims

Entertainment
GETTYWHO IS THE ACTOR? Star cannot be named for legal reasons The film legend, who Daily Star Online cannot name for legal reasons, is said to have committed an assault.In a post published and circuited widely on social media, the actor's name is referenced alongside Harvey Weinstein.The A-lister is also starting to trend on Google.The woman who is alleging the claims says it is "time dominoes fell".Harvey Weinstein's leading ladies Harvey Weinstein best known for films like Shakespeare in Love and Pulp fiction with his most famous leading ladies.Getty Images Harvey Weinstein and Gwyneth Paltrow win Academy Award for Shakespeare in Love, 1999 GETTYLOW PROFILE: Harvey Weinstein is said to be in a rehab clinic for a 'sex addiction'An unnamed insider told The S...