Quote:Ken is a remarkable investor. Although sometime he got it wrong, but he still did very well during the past 20 years. This is what he bought and sold in the 4th quarter of 2008. ... Ken Heebner owns 89 stocks with a total value of $6.9 billion.

Quote:New Purchase: Apollo Group Inc. (APOL)
Ken Heebner initiated holdings in Apollo Group Inc.. His purchase prices were between $50.54 and $76.84, with an estimated average price of $68.2. The impact to his portfolio due to this purchase was 3.57%. His holdings were 3,200,000 shares as of 12/31/2008.

Apollo Group Inc. has been providing higher education to working adults for over 25 years. They operate through their subsidiaries the University of Phoenix Inc. the Institute for Professional Development the College for Financial Planning Institutes Corporation Western International University Inc. and Apollo Learning Group Inc. Apollo Group Inc. has a market cap of $13.28 billion; its shares were traded at around $81.45 with a P/E ratio of 26.67 and P/S ratio of 4.23. Apollo Group Inc. had an annual average earning growth of 29.1% over the past 10 years. GuruFocus rated Apollo Group Inc. the business predictability rank of 4-star.
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New Purchase: Corinthian Colleges Inc. (COCO)
Ken Heebner initiated holdings in Corinthian Colleges Inc.. His purchase prices were between $12.14 and $16.08, with an estimated average price of $14.4. The impact to his portfolio due to this purchase was 0.1%. His holdings were 403,000 shares as of 12/31/2008.

Corinthian Colleges Inc. is one of the largest post-secondary education companies in North America operating colleges in states in the U.S. and seven provinces in Canada. The Company's mission is to help students prepare for careers that are in demand or to advance in their chosen career. Corinthian offers diploma programs and associate's bachelor's and master's degrees in a variety of fields concentrating on careers in health care business criminal justice transportation maintenance trades and technology. Corinthian Colleges Inc. has a market cap of $1.81 billion; its shares were traded at around $21.06 with a P/E ratio of 40.79 and P/S ratio of 1.7. Corinthian Colleges Inc. had an annual average earning growth of 11% over the past 10 years.

New Purchase: DeVry Inc. (DV)
Ken Heebner initiated holdings in DeVry Inc.. His purchase prices were between $44.42 and $58.28, with an estimated average price of $53.2. The impact to his portfolio due to this purchase was 0.09%. His holdings were 105,000 shares as of 12/31/2008.

DeVry Inc. owns and operates DeVry Institutes of Technology DenverTechnical College Keller Graduate School of Management and Becker Conviser CPA Review. DeVry Institutes DeVry Canada Inc. Denver TechnicalCollege and Keller Graduate School of Management are a part of DeVryUniversity. DeVry Institutes and Keller Graduate School collectively formone of the largest private degree-granting regionally accredited highereducation systems in North America. Becker prepares candidates for theCPA CMA and CFA professional certification examinations. DeVry Inc. has a market cap of $4.13 billion; its shares were traded at around $56.12 with a P/E ratio of 29.42 and P/S ratio of 3.78. The dividend yield of DeVry Inc. stocks is 0.28%. DeVry Inc. had an annual average earning growth of 4.3% over the past 10 years.
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New Purchase: Capella Education Company (CPLA)
Ken Heebner initiated holdings in Capella Education Company. His purchase prices were between $37.18 and $59.86, with an estimated average price of $50.2. The impact to his portfolio due to this purchase was 0.04%. His holdings were 52,000 shares as of 12/31/2008.

CAPELLA EDUCATION COMPANY is a pioneer in developing high quality online degree programs for adults. Their programs are delivered through its wholly owned subsidiary They has an accredited online academic institution. Their university is known for its rigorous curricula that combine strong academic content and real world practicality presented in a flexible online format geared for adult students. Capella Education Company has a market cap of $981.9 million; its shares were traded at around $59.48 with a P/E ratio of 38.51 and P/S ratio of 4.34.

Geoff Vankirk Wrote:I don't think that they are the big career booster in either teaching or business that people thought they would be.

Quote:Perhaps the time has come, because everyone can be a doctor, to rely on contributions to the field as an absolute selection criteria leaving the doctorate as simply a box to tick.

Quote:It appears that the prime motivator at universities is economic freedom, not academic freedom. While it is obvious to me there was a deliberate slaughter of Jewish European populations during WWI, the reactions of academics, judges and lawmakers around the world is totally bizarre.

Quote:Whereas the deportation of the Acadian people, commonly known as the Great Upheaval, continued until 1763 and had tragic consequences,
including the deaths of many thousands of Acadians – from disease, in shipwrecks, in their places of refuge and in prison camps in Nova Scotia and
England as well as in the British colonies in America;

Fort Bragg Wrote:You obviously have a better grasp of Acadian history but the Acadian plight should be put in a larger context.  The Acadians refused to sign a British loyalty oath.  The French army at Fort Beausejour paid for British scalps and enlisted willing Acadians in their service.  They simply bet on the wrong horse.

The French in Quebec and their Indian allies spent 150 years attacking settlements in New England.  They even killed a couple of my direct ancestors.  When Fort William Henry surrendered to the French, they did not protect the prisoners from attack and death by Indians.

While the Acadians may claim they were too busy smelling roses and tripping over daisies to have any warlike thoughts, I suspect they would have gleefully danced on British graves.

I've met tons of Acadians and they're all very fine people.  Exactly how many le Blancs are there in the Moncton phone book?

Quote: March 26, 1759
Boston Evening Post

Extract of a Letter from Fort Frederick, St. John’s.

The 5th of March Lieut. Hazzen of the Rangers came in from a Scout of 15 Days, with a Party of 16 Rangers, up the River St. John’s; he brought in with him six French Scalps and six Prisoners. Lieut. Hazzen reports, that he has been to St. Anne’s, which is 140 Miles up this River, from Fort Frederick, to where it was expected he would have found a strong Garrison of the Enemy; but on his Arrival he found the Town vacated, which he set Fire to, burnt a large Mass-House with a Bell of about 300 lb. A large Storehouse, and many valuable Buildings, amounting in the whole to 147, together with a large Quantity of Hay, Wheat, Pease, Oats, &c. kill’d 21 Horses, about 50 Head of Cattle, a Number of Hogs, &c. and that he took the Prisoners and Scalps with 11 of his Party, on his Return near Grimnoss, which is about 85 Miles from this Place, who give an Account that a Number of the Enemy live six Miles back of Grimnoss, and that the Inhabitants of St. Ann’s are chiefly gone to Canada, the Remainder scattered in the Woods : He was pursued by about 30 or 40 of the enemy, but not overtaken, and that he found a large new Schooner up this River which was taken lately by the French from Capt. Grow, he brought one Horse with him to Fort Frederick, where he arrived in good Health without the Loss of one Man.

Quote:I promise and swear by my Faith as a Christian that I will be entirely faithful and will truly obey His Majesty King George II, whom I acknowledge as the sovereign lord of Acadia or Nova Scotia, so help me God.