"We have a trillion dollars of subprime mortgages and we're going to have huge defaults," Heebner, 66, said in a telephone interview from his office in Boston. "If you're looking at the housing market, it's not the darkest before dawn, it's the darkest before pitch black," Heebner said.
Heebner, cofounder of Capital Growth Management LP, has been selling shares of real-estate investment trusts that buy apartments because they are no longer cheap. At the end of 2006, his CGM Realty Fund had 35 percent of its assets in REITs. He's made a "significant reduction," though he wouldn't be more specific.
7 comments:
Hi !.
might , probably curious to know how one can reach 2000 per day of income .
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Hello !.
You re, I guess , probably very interested to know how one can reach 2000 per day of income .
There is no initial capital needed You may start to get income with as small sum of money as 20-100 dollars.
AimTrust is what you need
AimTrust incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
It is based in Panama with offices everywhere: In USA, Canada, Cyprus.
Do you want to become a happy investor?
That`s your choice That`s what you desire!
I feel good, I started to take up real money with the help of this company,
and I invite you to do the same. It`s all about how to choose a correct companion utilizes your savings in a right way - that`s the AimTrust!.
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Hi !.
might , probably curious to know how one can manage to receive high yields .
There is no initial capital needed You may commense to receive yields with as small sum of money as 20-100 dollars.
AimTrust is what you thought of all the time
AimTrust represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
Its head office is in Panama with affiliates everywhere: In USA, Canada, Cyprus.
Do you want to become really rich in short time?
That`s your choice That`s what you desire!
I`m happy and lucky, I started to take up income with the help of this company,
and I invite you to do the same. It`s all about how to select a correct companion who uses your money in a right way - that`s the AimTrust!.
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Hi there!
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For quite a long time, I earn money with the help of these programs.
I don't have problems with money now, but there are heights that must be conquered . I get now up to 2G a day , and my first investment was 500 dollars only.
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Good day, sun shines!
There have were times of troubles when I felt unhappy missing knowledge about opportunities of getting high yields on investments. I was a dump and downright stupid person.
I have never thought that there weren't any need in big initial investment.
Now, I'm happy and lucky , I begin to get real money.
It's all about how to choose a correct companion who utilizes your funds in a right way - that is incorporate it in real business, parts and divides the income with me.
You can get interested, if there are such firms? I'm obliged to answer the truth, YES, there are. Please be informed of one of them:
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Hello!
You may probably be very curious to know how one can manage to receive high yields on investments.
There is no need to invest much at first.
You may begin earning with a money that usually goes
for daily food, that's 20-100 dollars.
I have been participating in one project for several years,
and I'm ready to share my secrets at my blog.
Please visit blog and send me private message to get the info.
P.S. I make 1000-2000 per daily now.
http://theinvestblog.com [url=http://theinvestblog.com]Online Investment Blog[/url]
Good day, sun shines!
There have been times of troubles when I felt unhappy missing knowledge about opportunities of getting high yields on investments. I was a dump and downright pessimistic person.
I have never imagined that there weren't any need in big initial investment.
Nowadays, I'm happy and lucky , I begin take up real money.
It's all about how to choose a proper companion who utilizes your money in a right way - that is incorporate it in real deals, parts and divides the income with me.
You may ask, if there are such firms? I'm obliged to answer the truth, YES, there are. Please be informed of one of them:
http://theinvestblog.com [url=http://theinvestblog.com]Online Investment Blog[/url]
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