30 Jun 2014 One Hits Home Runs, One Hits Doubles. How Legg Masonís Stars Differ ( Portfolio )

Mr. Miller is the famed mutual-fund manager who beat the S&P 500 for 15 straight years, but then handed over the Legg Mason Capital Management Value Trust fund to Mr. Peters in early 2012 following disastrous bets on financial stocks that caused an investor exodus.

Both men still are prototypical value investors, looking for companies to buy on the cheap then waiting for them to rebound.