We are sad to announce the passing of george miller (his preference for lower-case spelling).
George entered the world of The Bancroft Library in 1997, shortly after his retirement and originally as a volunteer helping to process the records in the history of water rights and engineering in California. George had had a storied career in finance, bearing witness to and shaping some of the key developments in the US finance industry in the last half of the twentieth century. Most notable was his idea of passive investment in the form of an index fund, which would track a basket of top-performing stocks, premised on the notion that the growth of the market over time would beat active money managers. While at Bancroft, George also became captivated by the collection of oral histories produced by the Oral History Center. Over time, he began to make contributions to the archive by sponsoring oral histories with key figures in Bay Area politics, environmental activism, and journalism.
It was through this engagement with oral history that my predecessor Martin Meeker eventually persuaded George to do his own oral history. An important theme of George’s oral history is his philanthropic calling, which he described as “graduating from his day job … to more productive things.” A great feature of a life history is that one gets a sense of when values or passions took root. Early on, George developed a sense of duty, which led to a distinguished vocation as a philanthropist to institutions and causes dear to him, repaying the opportunities he was given, not just to his almae matres, UPenn and Cal, but to his community, to young students, to his city, his state, and to the world.
George was known for the pithy sayings that his friends and family called GAMOs – “george a. miller observations.” Underlying many of them was a pragmatic outlook on life, for example, “time is like money; you can only spend it once.” He took one of his father’s aphorisms to heart throughout his life as well, “There’s nothing sadder than something done well that shouldn’t be done at all.” Taking great care to identify what was worth fighting for, he was humble about his ability to bring about change. Musing on this, he proposed his own obituary: “He lived. He cared. He tried. Then he gave up.” But this is someone who spent thirty-five years finding a way to derive steady revenue from the chaos of the market. He invested where he thought he could have an impact. He cared and tried enough to build a credit union in Vietnam from the ground up to 160,000 members, fund the education of hundreds of students at UC Berkeley, make improvements to small-claims courts across the country, support environmental organizations, help revive the Market Street Railway, and secure the future of a beloved bar and grill in San Francisco, to name just a few of his accomplishments.
His friends called George “a piece of work.” He made a cheeky, no-nonsense difference in the world, a difference that we at The Bancroft Library and the Oral History Center have felt deeply and will miss.