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So-Called Bond King Gross Has Been ‘Wrong And Wrong Badly,’ His Boss At Janus Says

TedTed
in Fund Discussions
FYI: (This is a follow-up article, if you haven't already read " Q&A With Bill Gross: 'Bad Day And The Bad Trade': Text & Video" scroll down and read.)

Is Bill Gross still the bond king? Maybe not. The quondam fixed-income royalty—at least by the recent reckoning of his current employer—got less than a ringing endorsement from his own boss, Janus Henderson CEO, Richard Weil, on Thursday.

‘And so he hasn’t lost faith in his fundamental view. But he’s been wrong and wrong badly in the short term. And he’s accountable and we’re accountable for that’
Regards,
Ted
https://www.marketwatch.com/story/so-called-bond-king-bill-gross-has-been-wrong-and-wrong-badly-his-boss-at-janus-says-2018-08-09/print

Comments

  • willmatt72
    The recent story about his nasty divorce gives me added incentive to invest in his fund....NOT.
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