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The Tortoise And The Hare: Ken Heebner/Will Danoff

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  • This is another example of the challenge to time the market consistently over long period of time. Will Danoff does not invest as a "hare". It is the sheer size of asset under his management that does not allow him to take big bets without incurring additional risk. Ken Heebner, on the other hand, is the opposite. Despite flashes of remarkable returns, long period of under-performance does not bode well for most investor's confidence.
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