Legg Mason Value Trust

Bill Miller to step down, cede control of flagship fund

The term "legendary" is often used to describe Bill Miller, the esteemed value investor who gained fame for beating the S&P 500 index 15 years in a row at the height of his success. That streak

Is Bill Miller right this time?

Value investors are nothing if not predictable. The approach, unfortunately, has been disastrous this year. This was exemplified most dramatically by Bill Miller, who beat the S&P 500 for 15

Hits keep coming for Legg Mason

The credit crunch has been cruel to more than a few money managers. Bill Miller, the head of the Legg Mason Value Trust fund, is at the top of the list. He never gave up on financial stocks, even as

Bill Miller bets on Freddie Mac

It's fair to say that the financial crisis has been unkind to a lot of value-oriented fund managers. The mindset--by on valuation dips--has proved to be a loser's strategy. Anyone buying on the likes

Bill Miller faces an uncertain future

Bill Miller is not the only value manager that has been hit hard by some ill-timed bets on financial stocks. Does it call the whole

Credit crisis crunches Bill Miller

In the annals of investing, Bill Miller remains a big name. Recall that he beat the S&P 500 for 15 years in a row until last year. In 2007, his Legg Mason Value Trust fund fell nearly 7 percent

New era for Bill Miller opening up?

We tend to think of Bill Miller as the guy who manages the $12 billion Legg Mason Value Trust, famous for having beat the S&P 500 for 15 years straight--a streak that ended recently. But as the

Bill Miller says worst is over

Bill Miller, the esteemed Legg Mason Value Trust fund manager, has