Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paxb2u who wrote (29546)	1/3/2008 1:59:59 PM
From: Paul Senior	Read Replies (2) \| Respond to of 78525

Peter Donohue/EKS/et. al. Regarding Brazil/CGM Focus Fund. I prefer to pick the individual stocks at my price points, so I'll pass on EWZ. Terrific results from DXZLX fund (Direxion Latin America Bull 2X Inv); I'll pass on it too. I'm not understanding it, but it certainly could work for a sector bet for others who want that. Apparently it holds ishares from several Latin Am. countries and uses leverage to amplify the fund's results. I'm a fan of Ken Heebner. And he's put up tremendous results this year in his concentrated portfolio (and his other funds too). He has great ideas and themes to bet on; he makes big bets, and when they work, they work. A big problem (for me) in following what he does, is he can change his mind in an instant and sell out twice as fast. Which somebody looking at his holdings doesn't see (since of course, his holdings are reported only quarterly or later). In a Bloomberg TV interview a couple days ago, he said he was already selling out fertilizer stocks (The fertilizer story is already well-recognized in the market, he said.) He was still very positive on Russian telecom, and on Brazil and PBR and PBRA, and was hunting for more opportunities in Brazil. I found this to be an interesting read: Investor's Business Daily Heebner Hammered Big Gains Out Of '07: biz.yahoo.com