While debt can be a dangerous thing, Fidelity’s Thomas Soviero — who recently supplanted Ken Heebner as the top-performing fund manager of the past decade — says it can also lead to opportunity. “Debt doesn’t have to be a four-letter word,” Soviero, whose Fidelity Advisor Leveraged Company Stock Fund averaged annual returns of 15% for [...]
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Tag Archives: Ken Heebner
Heebner, Doll: U.S. Is Place to Be
December 15, 2010
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Ken Heebner, whose CGM Focus fund has one of the better long-term track records around, and Blackrock’s Bob Doll both are sounding positive on the U.S. market. In an interview with CNBC, Heebner says he “continue[s] to be invested with the expectation that the economy’s going to be growing for several years, and this will [...]
Read moreDoll, Heebner on Economy, Market
August 12, 2010
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Blackrock’s Bob Doll and CGM’s Ken Heebner both recently discussed their market outlook with CNBC. Both Doll and Heebner are finding reasons to be optimistic, and both shared a few areas of the market they’re keen on.
Read moreHeebner: Euro Debt Woes Won’t Stop U.S. Recovery
April 30, 2010
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Fund manager Ken Heebner says he thinks the U.S. economy will continue to recover, regardless of what happens with Europe’s debt woes. “I think the American economy is not dependent on what happens in Europe,” Heebner tells CNBC. “The uptrend in the American economy, I think, is strong. I think the consumer has shifted decisively [...]
Read moreHeebner & Gross Square Off On Market, Economy
April 16, 2010
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Top fund manager Ken Heebner says that even after the big stock market rally, we’re still seeing a “historic buying opportunity”. But another investing guru, Bill Gross, is less optimistic. Heebner tells CNBC that he thinks the economy is in the beginning of several years of expansion. Consumers are spending again, and he expects an [...]
Read moreHeebner: Wind’s at Investors’ Backs
December 17, 2009
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Kenneth Heebner, whose CGM Focus fund has lagged in 2008 and 2009 but remains far ahead of the market for the long term, says that investors shouldn’t worry about a double-dip recession, and that they have the wind at their backs heading into 2010. “What you have here is a situation where you have low [...]
Read moreHeebner, Doll See Opportunities
August 14, 2009
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Ken Heebner, whose CGM Focus fund stumbled last year but remains at the top of its category in terms of 5-year and 10-year returns, tells CNBC that he thinks things are looking up for the economy — and, believe it or not, Ford Motor Co. “I think there’s a bigger turn in the economy coming [...]
Read moreHeebner & Muhlenkamp making gutsy moves into financial stocks
December 6, 2008
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Ken Heebner, manager of CGM Focus fund, is warming up to financial stocks according to this WSJ article. Heebner, who has one of the best performing mutual fund records over the last decade, has been loading up on financials. According to his fund’s Sept. 30 portfolio report, the fund held 40% in financials although the [...]
Read morePainful Stretch Even for The Greats
November 21, 2008
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No one beats the market all the time — not even the best investors in history — and this difficult bear market has been a perfect example. Yahoo Tech Ticker’s Aaron Task reports that many investors with exceptional long-term track records have (along with just about everyone else) been hit hard. A look at some [...]
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