Investment Strategy Committee

The Investment Strategy Committee (ISC) has been meeting bi-weekly since 1999, providing a consistent structure to discuss investment ideas using a global, top-down approach. The ISC members are experienced and successful investors, and are also owners of the firm.

Lawrence Chimerine, PhD

Dr. Chimerine is former Chairman, Chief Executive and Chief Economist of Chase Econometrics and Chairman and CEO of The WEFA Group. Dr. Chimerine has also served as Manager of US Economic Research and Forecasting of the IBM Corporation, and as Managing Director and Chief Economist at the Economic Strategy Group in Washington, D.C.

Dr. Chimerine has served on numerous governmental advisory boards, including the Economic Policy Board of the Department of Commerce, has given testimony on key economic issues before a number of Congressional committees and is a widely published author.

Dr. Chimerine received a BS in Mathematics from Brooklyn College and a PhD in Economics from Brown University.

Paul J. Isaac

Mr. Isaac is the manager of Arbiter Partners, a long-short hedge fund, and a family office.

Previously, he was the Chief Investment Officer of Cadogan Management, a fund of hedge funds firm, and a General Partner and Management Committee member of Mabon Nugent & Co, a New York broker-dealer.

Mr. Isaac received a BA with Highest Honors in Political Economy from Williams College.

Paul F. Miller, Jr., CFA

Mr. Miller joined Miller Investment Management as a member of our Investment Strategy Committee in 2001. He was a founding partner in the investment management firm of Miller Anderson & Sherrerd from 1969 to his retirement in 1991 and is now a partner of Miller Associates, a private investor group.

Mr. Miller is a trustee emeritus and former Trustee Chairman of the University of Pennsylvania and a retired trustee of the Ford Foundation. He is a past director of the Pew Charitable Trusts, the World Wildlife Fund, the National Center for Public Policy and Higher Education, and the Appalachian Mountain Club. Mr. Miller is also an Honorary Trustee of Colonial Williamsburg, an Honorary Trustee of the Science Center of New Hampshire, and a retired director of Hewlett-Packard Company, Mead Corporation, and Rohm and Haas Company.

Mr. Miller is a CFA charterholder. He received a BS in Economics from the Wharton School of the University of Pennsylvania and honorary degrees from both the University of Pennsylvania and Washington and Lee University.

Roy S. Neff

Mr. Neff joined Miller Investment Management as a member of our Investment Strategy Committee in 2006. Previously, he was a partner of Gamma Capital Advisors Ltd., which managed hedge funds using quantitative strategies, and Gamma Investors, LLC, a private equity investment fund.

In 1981, he co-founded Cooper Neff & Associates, a proprietary options trading firm. After the acquisition of Cooper Neff by BNP Paribas, Mr. Neff served as co-chief executive officer of BNP/Cooper Neff, Inc., a subsidiary of the bank responsible for its derivatives trading business.

Mr. Neff graduated from the Massachusetts Institute of Technology with a BS in Mathematics, and earned an MBA from the Wharton School at the University of Pennsylvania.

Bob R. Peck

Mr. Peck is a Managing Director of FPR Partners, an investment fund focusing on a concentrated portfolio of public stocks with a long-term horizon.

Prior to founding FPR, Mr. Peck was with the Murchison family office and RPM Metropolitan Capital, a company he co-founded, managing a concentrated portfolio of value-oriented U.S. equities and a variety of hedge funds and alternative investments. Mr. Peck also spent eight years with Perot Investments.

Mr. Peck graduated summa cum laude from Princeton University with an AB in History and received an MA in Politics, Philosophy and Economics from Oxford University, where he was a Rhodes Scholar.