Legg Mason Struggles

Jun.21.08 | About: Legg Mason (LM)

Even the best are struggling.  As of yesterday's close, Bill Miller's Legg Mason Value Trust was down 22.7% on the year versus the S&P 500's decline of 8.55%.  Mr. Miller's fund performance is doing nothing to help out Legg Mason's stock (NYSE:LM) either.  As shown, it is down nearly 30% on the year.

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