All posts tagged "cgm focus fund"

  • Ken Heebner Downfall Supports Efficient Market Theory

    Charles Stein at Businessweek highlights the dangers of investing with the hot hand. In the tradition of Bill Miller, Ken Heebner failed to deliver when it mattered most; when his assets under management exploded. Ken Heebner started...

    • Posted June 28, 2010
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  • How Investors Underperform

    Bob Veres explains how people investing in the top-performing mutual fund over the past decade, the CGM Focus fund, have lost money on average over the past 10 years. They accomplished this feat by chasing performance and...

    • Posted January 12, 2010
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  • Ken Heebner’s CGM Focus is Underperforming

    As of May 29th, Ken Heebner’s CGM Focus fund was down 3.4%, versus a 1.8% gain for the S&P 500. It isn’t unusual for a star manager to post stellar returns and once big money starts to...

    • Posted June 2, 2009
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  • Ken Heebner Says the Worst is Behind Us

    Ken Heebner, long-time successful money manager, and in the words of Larry Kudlow, “investing titan,” said he likes certain REITS, financials and stocks in the retail area. Heebner stated that the banks were earning huge profits re-financing...

    • Posted April 20, 2009
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  • Ken Heebner Has Sold CGM’s Stake in Banks and Bought Insurers

    Ken Heebner, heralded manager of the CGM Focus Fund, has sold his holdings in Citigroup, Bank of America and Wells Fargo and replaced them with MetLife, Hartford Financial Services, and Aflac. Source: http://www.thedailycrux.com/content/937/Ken_Heebner ***

    • Posted February 16, 2009
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  • Ken Heebner Switches from Commodities to Financials

    Ken Heebner has reportedly overweighted financial stocks and dramatically pared back his holdings of commodity related investments in his CGM Focus Fund. Source: http://www.washingtonpost.com/wp-dyn/content/article/2008/09/24/AR2008092400885.html ***

    • Posted September 24, 2008
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  • Ken Heebner: Government Efforts, "Brilliant"

    Ken Heebner, widely hailed money manager, is very pleased with the efforts of the government to stabilize the crumbling financial system, saying the efforts, “should make everyone feel confident.” Source: http://www.al.com/business/birminghamnews/junderwood.ssf?/base/business/122198498555380.xml&coll=2 ***

    • Posted September 21, 2008
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