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Mauboussin sees abundant 'expectation gaps'

Value investors suffered particularly badly during the crisis but are in better shape now, says Michael Mauboussin of Legg Mason Capital Management.

Michael Mauboussin is chief investment strategist at Baltimore-based Legg Mason Capital Management (LMCM), an equity-focused manager and subsidiary of Legg Mason, a global asset management firm. Before joining LMCM, he served as chief US investment strategist at Credit Suisse.

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