Bill Miller, the venerable captain of the $14.8 billion
Millers fund became a celebrated anomaly in the mutual fund industry by demonstrating the potential to trounce S&Ps gargantuan market benchmark even during turbulent economic times for more than a decade.
The forthcoming end of Millers 13-year winning streak potentially sends an ominous message suggesting market conditions have become too treacherous for even the most seasoned value fund managers.
Some investors are still holding onto hopes that the fund can overcome a 2.4% deficit against the S&P 500 index within the year, but Miller himself recently said the odds of success are unlikely.
Despite his disappointment in lagging the S&P 500, Miller expressed confidence in large domestic stocks like
