Capital Growth Management’s Ken Heebner is known for his big investment bets and stock trading prowess. What does CGM Focus fund’s legendary portfolio manager think of so called high-frequency, computer driven trading? Which unloved stocks is he investing in now and why is he closely monitoring developments in the Ukraine? He’ll answer those questions and more. Continue Reading »
Over the years we have covered the distressing difference between how mutual funds’ perform and the poorer results investors in those same funds get. We call it the underperformance gap. It’s not just fees, trading costs and taxes that explain the difference: a huge factor is investor behavior.
The moral to this story is: if you can’t take the heat, stay out of the kitchen and before you invest make sure a fund’s personality matches your own.
On this week’s CONSUELO MACK WEALTHTRACK, legendary portfolio manager Ken Heebner is known for his big bets and rapid trading at the CGM funds . This week he describes his contrarian views on the U.S. economy and stocks, particularly housing and banking, and why he thinks bonds are so dangerous. Continue Reading »
On this week’s WEALTHTRACK Premium, we talk to none other than legendary contrarian stock picker Ken Heebner, the co-founder of Capital Growth Management. In this excerpt from this interview, Heebner explains why he has a positive outlook on the U.S. banking industry.