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Following in Graham 's footsteps , Bill Miller , who runs Legg Mason Value Trust , has beaten the market for 15 consecutive years - - practically unheard of in the mutual fund industry . The applicant must be able to accurately observe a patient for the purpose of assessment , intervention and evaluation . As Shannon tells it , with mutual funds , you often get what you do n't pay for. The information can act either as background material or as a solid foundation for higher-level studies . In short , the fierce competitiveness of our capitalist system is generally wonderful for consumers and the country as a whole , but bad news for companies that seek to make extraordinary profits over long periods of time . Never mind that no nation is better than the United States at exploiting space for national security and economic prosperity .