Ken Heebner - Capital Growth Management's Profile
Discuss Ken Heebner - Capital Growth Management
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|Left by caponsacchi ( track member | ignore member ) - May 03, 08:08PM
Looking out over 20 years, Heebner still has a
good record, but it's doubtful he's made money for
many investors because of erratic performance. No
quarrels with his current portfolio (as posted)
except for HLF. Long or short, it's a roulette
table not worth the all-or-nothing gamble.
|Left by caponsacchi ( track member | ignore member ) - March 19, 01:13PM
After buying this fund (at Schwab rates) in early
2008 I've seen it bounce between 50% down and 20%
down. By now, in the 5th year, I'd expect to be
breaking the -20% barrier and drawing closer to
even. But the fund's disdain for risky but cheap
and unlimited growth stocks like Apple and love of
dead elephants like C, BAC, and Priceline (!) is
disheartening--bottom fishing among tired blue
chips that could receive a lucky bounce lasting a
week at most. I'll wait a bit longer, but I'm not
"cost-averaging" any more. Not when Schwab offers
ETF like SCHB at zero transaction fees and expense
ratios below Vanguard's.
|Left by caponsacchi ( track member | ignore member ) - December 09, 12:52PM
Heeb appears to be hunkering down, making safer
and slower bets. That would be great if I were 45%
up instead of 45% down. Should have sold when he
brought me "up" to 20% down. Holding this inside a
brokerage makes "cost-averaging" impractical
because of fees. So I'm waiting it out. His best
ideas are Apple and Baidu. His worst C (the saying
on the street is "Citi is sh..ty." Can't believe
someone said that on CNBC yesterday. Probably
won't be invited back. Heeb lost his head on nat.
resources--eg. FBX. But why run from them when
they're at their lowest price? (It's buy low, sell
high, Ken. Not the other way around.)
|Left by rmpedi33 ( track member | ignore member ) - September 27, 02:34PM
why would anyone invest with this guy? just buy a
high beta materials or oil stock and hold. guy is
|Left by caponsacchi ( track member | ignore member ) - August 22, 09:43PM
Stayed with Heeb when I was 50% down and he took
me to under 20% down. Should have been happy with
the 30% gain because we're retracing the earlier
lows. At least no banks. Gutsy call not to stay
with Apple. (hope he's wrong). i think the money's
been made in Rost (I took my 25% gain, but I've
never seen a store, so he may know something).
Bidu is up and down, down and up, another reason
Heebner requires more "timing" than mutual fund
investors are accustomed to. Still, a relatively
conservative portfolio (tho I've never seen the
attraction of Priceline--to the customer as well
as the Street).
|Left by rmpedi33 ( track member | ignore member ) - April 19, 11:44PM
This guy is an absolute clown. Are you kidding me
Heebner......We know how this bull run ends for
this guy. Why invest with any of these people?
|Left by trainiac19 ( track member | ignore member ) - June 17, 06:53PM
The Heeb lost me ~60% in 2008, however it is now
down to a respectable negative 24.4%. The main
mistake here is, one should have dumped the FX for
RX when it was $12.00/share. As the German lady
said, "oh vell".
|Left by caponsacchi ( track member | ignore member ) - April 16, 01:57PM
Doggone it. Even after being burned so badly,
Heebner had to hang on to one financial, which
happened to be Goldman. I would have made it JPM
or left it up to the small-bank pickers who run
FBRSX. Is Ken running the numbers or being led by
instinct and brand name?
|Left by caponsacchi ( track member | ignore member ) - March 11, 03:11PM
Morningstar's latest ratings list this fund at a
lone, single star for the past 1, 3, and 5 year
rates of return vs. comparable funds. Barring a
miraculous recovery, Heeb's unlikely to see his
assets under management increase. His current
portfolio seems designed to capture the vast
middle ground of S&P respectability rather than
soar above the crowded field with gains of
|Left by caponsacchi ( track member | ignore member ) - February 15, 12:28PM
Heeb went positive and speculative at the worst
time, 2008, when everyone lost their shirt. Then
he went overly cautious during the tremendous
run-up after Obama's inauguration. Now were
settling into a period of low to no growth, a
deflationary cycle rather than the inflationary
one that favors high fliers like Heebner. I'm
still down 50% in his fund, but his high costs
make it impractical to "cost average" and expect
to come out significantly ahead. Better to start
fresh with a more conservative player.
|Left by rwloch ( track member | ignore member ) - January 31, 01:19PM
Why has Heebner's CGM Focus fund done so poorly in
the past 2 years. This fund is a big looser down
to 50% of its value from 2 years ago.
|Left by pgueudet ( track member | ignore member ) - November 21, 06:51PM
Heebner is even not able to have the performance
of the S&P500. We can wonder what happened to him.
He wanted to have his own Hedge Fund. Maybe his
is busy with this new toy.
|Left by caponsacchi ( track member | ignore member ) - October 23, 11:53AM
This one's bouncing back faster than some others
that went down 50% in 2008. Heebner's playing it
relatively safe, with just enough speculatives
mixed in for that extra pop now and then.
|Left by srvr ( track member | ignore member ) - October 07, 11:20PM
Does Tickerspy have access to Heebner's Focus Fund
CGMFX and can we follow those holdings?
|Left by Mustelo ( track member | ignore member ) - August 17, 09:46AM
Comprehensive holdings have been updated here:
|No portfolio available for most recent quarter|