Bill Miller formally severs ties with Legg Mason
The stockpicker reached a deal to buy out Legg Mason's stake in the entity housing his funds, which he'll continue to run.
UPDATE: Whatever happened to the heavyweight mutual fund managers?
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.