From the New York Times: A Wall Street Giant Makes a $75 Million Bet on Academic Philosophy
Posted in Media
By Jennifer Schuessler
The quants and their algorithms may have taken over Wall Street. But one investment legend is making a big bet on a more old-fashioned mode of analysis: philosophy.
Bill Miller, the value investor who famously beat the Standard & Poor’s 500-stock index for 15 consecutive years (and whose faith in bank stocks later won a mocking depiction in the movie “The Big Short”), has donated $75 million to the philosophy department of Johns Hopkins University.
Read more in the New York Times.