Value investor Bill Miller is finding some opportunities in the SPAC sell-off

Value investor Bill Miller believes some SPAC stocks are looking attractive after a swift pullback.

"I think in the SPAC area, which I think that game is largely winding down now, and many of the SPACs became extraordinarily expensive valuations," Miller said on Tuesday in a interview on CNBC's "The Exchange." "But now some of them have corrected... We think some of those SPACs are attractive."