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The Legg Mason Inc. headquarters stands in Baltimore, Maryland, U.S., on Thursday, Dec. 1, 2011. Bill Miller, the Legg Mason manager famous for beating the Standard & Poor's 500 Index for a record 15 years through 2005, will step down from his main fund after trailing the index for four of the past five years. Photographer: Andrew Harrer/Bloomberg via Getty Images

The Legg Mason Inc. headquarters stands in Baltimore, Maryland, U.S., on Thursday, Dec. 1, 2011. Bill Miller, the Legg Mason manager famous for beating the Standard & Poor's 500 Index for a record 15 years through 2005, will step down from his main fund after trailing the index for four of the past five years. Photographer: Andrew Harrer/Bloomberg via Getty Images