Kenneth Heebner on Ghawar

Kenneth Heebner, CEO of the CMG Focus Fund, on CNBC, talking about the Cantarell and Ghawar oil fields being in steep decline.

Category:

News & Politics

Tags:

• peak
• oil

[chitons21]

You can't argue his success. But he never said the good times will last forever and you can bet that when it becomes impossible to play the long side anymore that you will see him flop over and make money on the short side. Give the guy some credit since he's got one of the best track records on wall st.

[Jacobrester]

LOL....Do you still think he is a genius ?

[rahmonalhakim]

AT GHAWAR INCOME WILL HAPPEN . BEST IN THE CAPNEYS IN CHINA IN THE PROSAPTTE TO GALYM . 596 MAXICO OILE IN PEYLE GARWTH .MADE FOR AILE COPMENY PORSBCTERS.INGLOPE ......................

[BBCcashville]

actually I do.... he's the man

[BBCcashville]

Ken Heebner is the MAN... He's a real contrarian, Shorted tech in 2000 to 02. Bought the Homebuilders and retail stocks in 2002 to 05. Shorted the bank and the Financials in 06 to 08, also at the same time got long OIL and energy up 85% to date.lol.... His track record speaks for it self.

I'm also ahead of the curve, I'm long the frontier markets like Africa. Long the Shilling as Italy pulls out-of-recession. CMG focus fund, you can't loose. Great long Term play

[ibphotos]

Smart but STupid. As oil declines, there's nothing to do the basic functions that drive the economy. Great that the guy is making money, but without some change in energy sources it will be good only for TP.

[ChrisVarick]

i still cant believe how precise this guy was.i can understand his choices for steel and oil, but how the hell did he get mosaic?? truly amazing

[malumalumalu]

Heebner's stock picks have outperformed the market while the majority of investor cling to falling daggers like GE, GM, Citigroup etc. Heebner is smart enough to realize that if you actually want to see your stocks grow (as opposed to decline or eat best move sideways), you must invest internationally aggressively as well and hop on the booming trends of the world- agriculture, energy, commodities etc. My portfolio is very similar to Heebner's and ppl still laugh at me.

[ChrisVarick]

wow they cut off a man who made +80% in 2007.great job CNBC

[vcooper33]

The cool thing about Mr. Heebner's focus fund is that he has a handful of stocks invested. Many mutual funds have 120 to 250 stocks invested which I think is counter productive.

Heebner rocks! oil 150 a barrel its going to happen this summer. good luck all

[joshuancontrol]

what a moron? you are a fucking idiot! Look at his returns? YOU are a FOOL!!!