Miller Value Partners is a leading investment management firm that believes that the best investment opportunities come from a behavioral edge, while other investors look for an informational advantage. It values research from uncommon sources to help the firm understand the market as a complex adaptive system. It looks for investment opportunities during periods of uncertainty, typically investing in businesses, industries and sectors that are out of favor with current market sentiment. Miller Value Partners has always been consistent with its strategy: it attempts to buy companies whose shares trade at a substantial discount to its assessment of intrinsic value and to hold those shares long-term.