Ken Heebner was one of the most popular hedge fund managers, with tremendous returns until the 2008-2009 crash. He managed to beat the S&P 500 index by 63 percentage points in 2000. In 2001, he returned 47% vs. S&P 500?s 12% decline. He beat the market marginally in 2002 and 2004 marginally. In 2003, he returned 67% and beat the S&P 500 by nearly 38 percentage points. In 2005 Heebner again beat the market by 20 percentage points. Even though he underperformed in 2006 marginally, he killed the S&P 500 by returning 80% in 2007.
These were amazing returns. Unfortunately he lost a lot of credibility in 2008 and 2009 when he returned -48% and 10.5% respectively. His 2010 performance isn?t enough to recover his 2008 losses. His portfolio gained only 16% in 2010. We like Ken Heebner because he isn?t afraid of betting against the market when most fund
Complete Story »
Alexis Bledel Kim Kardashian China Chow Alecia Elliott Kat Von D
No comments:
Post a Comment