Why Bill Miller is giddy about Amazon's acquisition of Whole Foods

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Legendary investor Bill Miller likes Amazon Inc.'s $13.7 billion deal to acquire Whole Foods Market. Miller, who beat the S&P 500 for 15 year in a row from 1995-2001, has long been a fan of Amazon and CEO Jeff Bezos, often calling the online retail giant "the best investment decision I've ever made." The blockbuster deal for Austin-based Whole Foods indicates that Amazon is serious about the grocery business and "in it for the long haul," Miller said in a CNBC interview Friday. With about 5 percent…
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