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Tagged: Ken Heebner RSS

• Pete 12:44 PM on November 12, 2010 Permalink
  Tags: Ken Heebner, observations ( 42 )   

  Blame Ken Heebner 

  BusinessInsider.com reporting:

  Is Apple finally starting to get too rich for some of the hedge funders and other investors that have pushed it so high?

  Ken Heebner, the famed money manager, has dumped almost his entire 1.15 million share stake in Apple, notes ZeroHedge, citing his latest 13-F.

  The news may be contributing to a big decline in Apple today. It’s falling 2.6%, vs. 1.5% for the NASDAQ.

  Something not right feeling? One man to blame? Interesting..

  Heebner Beats Yacktman as Market Rewards Recovery Bet

  In 2007, CGM Focus jumped 80 percent as commodity and energy prices soared. The next year, it lost 48 percent, worse than 96 percent of its large-company growth peers, when those industries tumbled amid the global recession. In 2009, Heebner trailed 99 percent of rivals after he sold financial stocks in the first quarter, missing a rebound in those shares.

  “When you make big bold bets like he does, it may work or it may not,” Courtney Dobrow, a Morningstar analyst, said in a telephone interview.

  jock is discussing. Toggle Comments

   

  • jock 8:17 PM on November 15, 2010 Permalink | Log in to Reply

    Heebner makes me want to heave!

• Pete 1:03 PM on August 13, 2010 Permalink
  Tags: Ken Heebner   

  Heebner Fund Exits Investment Banks, Mining Companies 

  Bloomberg.com reporting:

  Heebner, who runs the $3.64 billion CGM Focus Fund, is known for building concentrated positions in industries and making rapid moves in and out of stocks. His fund rose an average of 1.2 percent annually in the past five years to beat 84 percent of rivals through Aug. 12, according to data compiled by Bloomberg. The fund is down 11 percent in 2010, the third straight year of lagging behind the Standard & Poor’s 500 Index.

  Mr. Heebner one of the all time great momo investors. Last three years not so much momo?