Are Large-Cap Stocks A Bargain?

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Bill Miller, the famed fund manager at Legg Mason who beat the S&P for 15 consecutive years, says US large cap stocks are trading at bargain prices, offering investors a once-in-a-lifetime opportunity.

The last time they were this cheap relative to bonds was in 1951. What do you think? Is it time to buy large caps at full throttle?

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