Bill Miller Buys Valeant, Sees It Doubling, Likes Financials

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  • Fund manager, who comments on CNBC, says he doesn’t hold cash
  • Investor says safe stocks such as utilities will do poorly

Bill Miller, who is best known for beating the S&P 500 Index for 15 straight years, says he has been buying Valeant Pharmaceuticals International Inc. and financial stocks such as OneMain Holdings Inc.

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