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Likening Bill Gross to a great boxer forced to fight with a hand tied behind his back, Steven...

  • Friday, January 4, 9:51 AM ET
    Likening Bill Gross to a great boxer forced to fight with a hand tied behind his back, Steven Goldberg is down on Pimco's Total Return Fund (and by association the Total Return ETF - BOND). Gross is managing too much money to generate alpha with his bond-picking skills. More nimble funds will have an easier time generating returns in a sub-2% 10-year Treasury environment.
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    My heart goes out to Gross. The market forced him to manage too much money. Never mind that he tried to fight the Fed and lost.
    4 Jan, 10:03 AM Reply Like
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