Welcome back, Bill Miller!
Unless something catastrophic happens to Miller's
Legg Mason (NYSE: LM) funds during the last
two months of 2009, the legendary fund manager will be back
to beating the market.
Miller became the industry's brightest rock star after his
Legg Mason Value Trust (Fund: LMTVX) beat the
market for 15 consecutive years. He proved mortal in 2006,
and
downright awfulin 2007 and 2008.
Return
Vs. S&P 500
2006
5.9%
(9.9%)
2007
(6.7%)
(12.2%)
2008
(55.1%)
(18.1%)
Source: Morningstar.
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