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A Wall Street legend gave $75 million to philosophy majors and, yes, it’s a good investment

A prominent Wall Street investor is betting big on philosophy.

Bill Miller, perhaps best known for beating the S&P 500 Index for 15 straight years, will donate $75 million to the philosophy department at Johns Hopkins University, the school announced this week. Miller, who attended a philosophy Ph.D. program at Johns Hopkins, attributes much of his business success “to the analytical training and habits of the mind that were developed when I was a graduate student,” he said in a release announcing the donation.

Miller’s gift is the latest example of super-rich people donating eye-popping sums to their alma mater for a specific purpose.

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