Legg Mason’s famous manager Bill Miller beat the Standard & Poor’s 500 index for 15 consecutive years until the past two years, when he hit a rough patch, but an editorial in Kiplinger’s predicts a rebound in fortune.

Last year, the Legg Mason Value fund trailed the S&P by 10 percentage points, finishing at the bottom 1% of large-company blend funds, according to Morningstar. This year, Value is 11 percentage points behind the S&P and is in the bottom 2%.

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