Following my last post Heebner gets really bullish, I saw that Tim Knight at Slope of Hope questioned Heebner's recent (unfortunate) returns. For the skeptical, you can find the track record for CGM Focus at Morningstar here.
Despite Heebner's high turnover and swing for the fences style, no mutual fund portfolio manager can be day and swing traders like the audience at Slope of Hope. Heebner's batting average is pretty good and his judgement should be respected. He is just one of many respected managers with good track records who have found value in this market.
UK banks and their own decaying NIMs
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