Berkowitz Leads Top Stock Pickers Hitting Bottom

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June 13 (Bloomberg) -- Bruce Berkowitz, Kenneth Heebner and Bill Miller, three of the best-known U.S. stock pickers, are competing for last place this year after their bets on an economic expansion backfired. Funds run by Berkowitz of Fairholme Capital Management LLC, Heebner of Capital Growth Management LP and Miller of Legg Mason Inc. are the three worst performers among large diversified U.S. mutual funds in 2011, according to data from Chicago-based Morningstar Inc. Bloomberg's Scarlet Fu reports on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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