— Bill Miller (@billmiller_lmm) March 3, 2015Hedge fund thesis for Spirit Airlines and AerSale, a recent SPAC merger
Prescience Partners returned 6.75% for the second quarter, underperforming the S&P 500's 8.55% return but coming out ahead of the Barclay Equity Long/ Short Index's 2.62% return. However, for the first six months of the year, Prescience is up 30.66%, doubling the S&P's 15.25% return and smashing the Barclay Equity Long/ Short Index's 9.27% return. Read More
Bill Miller Defends IBM’s Buyback Strategy
Druckenmiller, in a “Closing Bell” interview, said he thought IBM was facing a secular problem rather than a cyclical one.