$ Wall Street
The market discounts everything but the completely unexpected.
Showing posts with label Stock market. Show all posts
Showing posts with label Stock market. Show all posts
Tuesday, August 5, 2014
Stock Market, Wall Street
$ Wall Street
The market discounts everything but the completely unexpected.
Wednesday, March 28, 2012
Fortune: Bill Gross says it's time for investors to plan a "Great Escape"
Bill Gross says it's time for investors to plan a "Great Escape"
By Stephen Gandel, senior editor March 28, 2012: 5:00 AM ET
Bond king Bill Gross says it's time to get your portfolio ready for a long-period of lower market returns.
FORTUNE -- Apparently, Bill Gross picks movies as well as investments.
Bond investor Gross, who runs the world's largest mutual fund Pimco Total Return (PTTRX), is known for his quirky letters to investors. In the past he has dispensed love advice (specifically for Europe) and written about why he hates automatic flush toilets. His letter this month, which came out on Tuesday, instead offers movie advice. Gross' big screen pick is The Great Escape.
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