Wednesday, October 1, 2014

The Pimco Perplex -

The Pimco Perplex -

"It’s fairly clear that the events of 2011 are a large part of the story of Bill Gross’s abrupt departure from Pimco; as Neil Irwin says,

A disastrous bet he made against United States Treasury bonds in 2011 led to three years of underperformance and billions in withdrawals."

'via Blog this'

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