Barry Ritholtz interviews Bill Gross the founder of PIMCO, who is now with Janus Capital on his history and investment philosophy
Livewire
Barry Ritholtz interviews Bill Gross the founder of PIMCO, who is now with Janus Capital on his history and investment philosophy. We discussed the early days at Pacific Life, the founding of PIMCO and his early influences and mentors. He talked about the role of Black Jack in influencing his investing and risk-taking philosophy. I was especially intrigued by his descriptions of what it was like to manage assets in the 1970s and '80s. He said that during the 1987 crash, he sat transfixed, staring at the screen like a deer in the headlights. He vowed to make sure that during future crises that wouldn't happen again. He also said quite a few surprising things -- about the Federal Reserve and quantitative easing, about what investors can learn from gamblers and about his creation of Portable Alpha. Full interview here:
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Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Expertise
No areas of expertise