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Monday, January 07, 2013

Berkowitz and Miller Bounce Back

News summary by MFWire's editors

Two big name PMs were profiled in a Wall Street Journal story yesterday, highlighting their solid performances in 2012.

Bruce Berkowitz of the Fairholme Fund [profile] and Bill Miller of the Legg Mason Capital Management Opportunity Fund [profile] both had rebound years after each was down more than 30 percent in 2011, according to reporter Suzanne McGee.

Millerís assistant PM Samantha McLemore told the Journal that bad performance from home-building stocks resulted in her fundís difficult year.

For more information on how these funds went from chumps to champs, read the original article. 

Edited by: Ben Geier


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