Fund Managers' Hot Hands Turn to Ice

smartmoney.com — Do hot hands always turn to ice? Just ask Bill Miller, who in ten days' time will step down as the manager of the Legg Mason Value Trust [LMVTX]. At the end of 2005, he had one of the hottest hands in U.S.
Russell Pearlman Senior Markets Editor, SmartMoney @RussellPearlman
A fan “@SallieKrawcheck: Mutual funds u'performance: too big to succeed? Return to the mean? Both? t.co/Kl4i5CPd via @SmartMoney”
Jonathan Dahl Senior Editor, Page One, Wall Street Journal @DahlJonathan
RT @SallieKrawcheck: Mutual funds u'performance: too big to succeed? Return to the mean? Both? t.co/RTr7mpYF via @SmartMoney