Monday, November 3, 2014

Bill Gross: best opportunity of the decade

Bill Gross, the best bond manager in the world for over four decades, left PIMCO and joined Janus.

The simple story is this: a bond investing genius is starting over.  For you, it's time to buy his new fund.

This investing genius left a job, at the firm he founded, managing hundreds of billions of assets.  He is now managing merely tens of millions of dollars.

An opportunity like this is rare because such genius almost never starts over with a small amount of money. 

Buy the talent of Bill Gross by purchasing the new mutual fund he now manages at Janus.  He's younger than Warren Buffett by about 15 years.

Go long Gross.  Put your money in his hands.  No one can argue convincingly against that decision.  PB
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Excerpt from the Investment Outlook of Bill Gross at Janus.com:

...Deflation is no longer acceptable.

Such is the dilemma facing central bankers (and supposedly fiscal authorities) in 2014 and beyond: How to create inflation.

They’ve made a damn fine attempt at it – have they not?

Four trillion dollars in the U.S., two trillion U.S. dollar equivalents in Japan, and a trillion U.S. dollars coming from the ECB’s Draghi in the eurozone.

Not working like it used to, the trillions seem to seep through the sandy loam of investment and innovation straight into the cement mixer of the marketplace.

Prices go up, but not the right prices.

Alibaba’s stock goes from $68 on opening day to $92 in the first minute, but wages simply sit there for years on end.

One economy (the financial one) thrives while the other economy (the real one) withers...
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Link: https://www.janus.com/bill-gross-investment-outlook

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