HELLLOO!!!!! CGMFX is not leveraged. There is nothing to puke up. This is not LTCM. Get real, read the newspaper, oil is down big time and that's why CGMFX is down. Hedge funds didn't orchestrate to drive oil prices down so they can get Heebner to sell in panic (he will not get a margin call as there is no leverage). You have no contacts and you have no idea what you're talking about. So quit pretending you're some insider. I can't believe the nonsense posted on this board, and that people actually believe what they're typing.
LOL!! Its amazing how kiddish some people are behaving.
Whats the point in cribbing? You entered the casino by your choice. You were given a decent warning. And you are free to leave the casino if you wish to do so. If we take the Ken is an idiot, ass hoar, hard minded etc whatever you say, then why not dump him and move on? He is sticking to his guns and his forte which has brought him thus far in stock trading. If you think he is no good then you are worse for having given him your money and you deserve it.
This is a focussed fund and it is supposed to be speculative and volatile by definition.
On a calmer note, the fund will do well over 1-2 years IMO. He is a pretty pro at this, 25 years man, has a record better than buffett!