Bill Miller predicts 25% return in US equities in 2010

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US/UK - Legg Mason star stock picker Bill Miller predicts the US equity market could return up to 25% next year and has positioned his Value portfolio to take advantage of growth in the technology and financial sectors, he said speaking at the London Stock Exchange today.

Miller, who is best known for outperforming the S&P 500 for 15 years in a row, said returns of 20% to 25% are "not beyond the realm of possibility". He said: "The outlook in the US for equities ...

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