Bill Gross: Here's what could trigger a 'run on the shadow banks'
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Ad Orientem
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Bill Gross: Here's what could trigger a 'run on the shadow banks'
Trumpism is not a philosophy or a movement. It's a cult.
Re: Bill Gross: Here's what could trigger a 'run on the shadow banks'
Isn't Bill Gross the one who said it was time to dump LT's a few years ago and they ended up going up by 33% that year?
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MachineGhost
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Re: Bill Gross: Here's what could trigger a 'run on the shadow banks'
Yep! And subsequently lost his job as the manager of the world's largest bond fund and kicked out of the company he co-founded. Now that's career risk from market timing. The "King of Bonds" moniker is now bestowed upon Jeffrey Gundlach.screwtape wrote: Isn't Bill Gross the one who said it was time to dump LT's a few years ago and they ended up going up by 33% that year?
Last edited by MachineGhost on Tue Jun 30, 2015 8:35 pm, edited 1 time in total.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Re: Bill Gross: Here's what could trigger a 'run on the shadow banks'
Gundlach is a much better king. He actually helped the FBI catch the thieves who stole valuable art from his own home in Santa Monica a few years ago.
http://nymag.com/daily/intelligencer/20 ... -back.html
http://nymag.com/daily/intelligencer/20 ... -back.html
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MachineGhost
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Re: Bill Gross: Here's what could trigger a 'run on the shadow banks'
I'm sorry but I found this a lot more fascinating... what a bizarre alternate reality!Reub wrote: Gundlach is a much better king. He actually helped the FBI catch the thieves who stole valuable art from his own home in Santa Monica a few years ago.
http://nymag.com/daily/intelligencer/20 ... -back.html
http://nymag.com/thecut/2015/07/celebri ... s-all.html
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Re: Bill Gross: Here's what could trigger a 'run on the shadow banks'
So what exactly are you saying? Should Ben Affleck be the new bond king? Or Jennifer Garner the new queen?