All posts tagged "ken heebner"

  • Bill Miller - Legg Mason
    Actively Managed Mutual Fund Holders are Getting the Shaft

    The Street reports that, on average, actively managed large-cap funds are having an extremely poor year. According to Goldman Sachs, 72% of 261 large-cap core funds are underperforming their indices. Only 16% of large-cap growth funds are...

    • Posted December 16, 2011
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  • Heebner, Berkowitz, and Miller: Mutual Fund Underachievers

    Ken Heebner, Bruce Berkowitz and Bill Miller, heralded as super investors, have seriously lagged the market so far this year. Funds run by these three “luminaries” were recently reported to have negative returns, while the S&P 500...

    • Posted June 28, 2011
    • 3
  • Guru Performance 2008-2009 recently posted an interesting article on how 50 gurus performed during the recent bear market and subsequent recovery from the ashes. Number one on the list is Donald Yachtman with a positive return of 17.8 percent...

    • Posted March 23, 2010
    • 0
  • 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, "The stock market is the place to be"

    CNBC featured several commentators after the Fed decided to leave rates unchanged. Ken Heebner was bullish based on the fact that cash is generating little return and slack in the economy equates to little inflation and room...

    • Posted September 24, 2009
    • 0
  • 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
    • 0
  • 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
    • 0
  • 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: ***

    • Posted February 16, 2009
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  • Ken Heebner Thinks it’s Time to Buy the Big Banks

    On CNBC today, Ken Heebner said he believed the economy would be in an upswing in a year and now was a good time to buy stocks, especially the big banks. ***

    • Posted October 3, 2008
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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: ***

    • Posted September 24, 2008
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