Bill Miller formally severs ties with Legg Mason
UPDATE: Whatever happened to the heavyweight mutual fund managers?
The stockpicker reached a deal to buy out Legg Mason's stake in the entity housing his funds, which he'll continue to run.
Legg Mason fund was among the worst performers in past year
Those stock funds that moved less, profited more.
Bill Miller , the Legg Mason fund manager who beat the S&P 500 for 15 years straight before seeing his fund massacred by the financial crisis, is proving you can't keep a good manager down, says Wall Street Journal.