WealthTrack Interviews PIMCO's Bill Gross

In this first edition of a new WealthTrack series on great investors, Consuelo Mack sat down with “Bond King” Bill Gross, co-chief investment officer of bond giant Pimco, and discussed how he was reconciling his big-picture, secular views of lower investment returns with his higher-return-oriented investment goals. Amongst others, he told her why he was backing away from his investment strategy of making the government his investment partner - a key theme of Pimco’s over the past year - and what he was focusing on instead. Gross also shared what he is doing with his own money.

Gross’ flagship Total Return Fund was up 4% plus last year, nine full percentage points better than its peers. It is up more than 6% for the year to date, again outstripping the competition. Not too shabby!

Do not miss any of this great interview.

Note: The transcript of this interview is not available yet, but will be posted here as soon as it arrives.

Source: WealthTrack, July 3, 2009.

Comments

[JPSmith:]

The linked interview is not with Bill Gross.

Jul 07 12:48 PM

[Up Yours SP500:]

Don't waste our time with another wealth manager telling us how he loses people's money. This is not Bill Gross.

Jul 08 02:57 AM

[Dean M:]

Check out itunes, it's a worthwhile listen

Jul 08 03:21 PM

[jkallday:]

Transcript is here:
www.wealthtrack.com/tr...

Jul 09 02:58 AM

[sheila:]

jka, thank you for the link. good read- thought provoking


On Jul 09 02:58 AM jkallday wrote:

> Transcript is here:
> www.wealthtrack.com/tr...

Jul 09 10:00 AM

[The Caring ...:]

thanks for the updated post, jkalladay

Jul 09 12:14 PM

[VennData:]

Remember when Bill Gross said he'd work for free?

seekingalpha.com/artic...

Well, now he won't even get paid to work the PPIP because of the plan's "uncertainties."

www.bloomberg.com/apps...

New Normal indeed.

Jul 10 07:33 AM