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	<title>Contrarian Value Investing &#187; CGMFX</title>
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		<title>We want more Ken Heebner!</title>
		<link>http://www.contrarianvalueinvesting.com/2008/06/02/we-want-more-ken-heebner/#utm_source=feed&amp;utm_medium=feed&amp;utm_campaign=feed</link>
		<comments>http://www.contrarianvalueinvesting.com/2008/06/02/we-want-more-ken-heebner/#comments</comments>
		<pubDate>Tue, 03 Jun 2008 01:47:56 +0000</pubDate>
		<dc:creator>alexg</dc:creator>
				<category><![CDATA[Value Investing]]></category>
		<category><![CDATA[CGMFX]]></category>
		<category><![CDATA[Ken Heebner]]></category>

		<guid isPermaLink="false">http://www.contrarianvalueinvesting.com/?p=59</guid>
		<description><![CDATA[ After submitting Ken Heebner&#8217;s CNN Money interview to valueinvestingnews.com, and watching a couple of threads over at gurufocus.com, I was amazed at how many individuals had no idea who is Ken Heebner (manager of the CGMFX).

Many shared the views of Contrarian Value Investing reader and commenter Alisa who commented on my Great Value investing [...]]]></description>
			<content:encoded><![CDATA[<p> After submitting <a href="http://money.cnn.com/2008/05/23/magazines/fortune/birger_americas_hottest_investor.fortune/index.htm">Ken Heebner&#8217;s CNN Money interview</a> to <a href="http://www.valueinvestingnews.com/">valueinvestingnews.com</a>, and watching a couple of threads over at <a href="http://www.gurufocus.com/">gurufocus.com</a>, I was amazed at how many individuals had no idea who is Ken Heebner (manager of the CGMFX).</p>
<p><span id="more-59"></span></p>
<p>Many shared the views of <a href="http://www.contrarianvalueinvesting.com#utm_source=feed&amp;utm_medium=feed&amp;utm_campaign=feed">Contrarian Value Investing</a> reader and commenter Alisa who commented on my <a href="http://www.contrarianvalueinvesting.com/2008/05/28/great-value-investing-stories/#utm_source=feed&amp;utm_medium=feed&amp;utm_campaign=feed">Great Value investing Articles</a> post saying:</p>
<blockquote><p>Thanks for sharing these ‘Great Value Investing Stories”. I read, and really enjoyed Ken Heebner’s CNN Money interview. This is the first time I have been introduced to him and the funds he manages.- Alisa</p>
</blockquote>
<p>There are several links online about Ken Heebner but I found a couple that might be of great interest. First, this <a href="http://money.cnn.com/2006/06/12/magazines/fortune/heebner2_retirementguide_fortune/index.htm">2006 Ken Heebner CNN Money interview</a> outlines a bit more of Ken Heebner&#8217;s methodology (thanks DaveinHackensack). Also, <a href="http://www.bloomberg.com/apps/news?pid=20601087&#038;refer=home&#038;sid=aonDdgoWQ.pg">this Bloomberg interview</a> outlines what Heebner thinks of the real estate market. Caution though, the article is dated April 2007. Next, <a href="http://www.kiplinger.com//magazine/archives/2008/01/heebnersview.html">in this Kipling interview</a>, Ken Heebner outline his favorite sectors. The interview took place late 2007, early 2008. Finally, after being one the top 10 biggest winners of 2007, <a href="http://news.morningstar.com/articlenet/article.aspx?id=222558">Morningstar had this to say about  CGM Focus (CGMFX)</a> :</p>
<blockquote><p> Now it&#8217;s getting interesting. Ken Heebner made our manager of the year nominees list because he had solid long-term returns to go with an amazing year. His calls were absolutely brilliant. He owned emerging-markets stocks such as Value Overseas, a Brazilian iron ore exporter, and Vimple Communications of Russia. On the flipside, he shorted  Countrywide Financial (CFC</p>
<p>Sponsored by:<br />
CFC), which got ensnared in the subprime mess. Heebner is an outstanding manager, but if you buy in remember this is a once-in-a-lifetime year and he sometimes gets it wrong. He&#8217;s had losses of more than 20% in a single year at CGM Capital Development and that certainly could happen at this fund, too.</p>
</blockquote>
<p>Enjoy <img src='http://www.contrarianvalueinvesting.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>



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