In this first edition of a new WealthTrack series on great investors, Consuelo Mack sat down with “Bond King” Bill Gross, co-chief investment officer of bond giant Pimco, and discussed how he was reconciling his big-picture, secular views of lower investment returns with his higher-return-oriented investment goals. Amongst others, he told her why he was backing away from his investment strategy of making the government his investment partner - a key theme of Pimco’s over the past year - and what he was focusing on instead. Gross also shared what he is doing with his own money.

Gross’ flagship Total Return Fund was up 4% plus last year, nine full percentage points better than its peers. It is up more than 6% for the year to date, again outstripping the competition. Not too shabby!

Do not miss any of this great interview.

Click here for the transcript of the interview.

Source: WealthTrack, July 3, 2009.

Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.

More on this topic (What's this?)
Bogle Still Believes In Buy And Hold (Dividends Value, 6/16/09)
TIM BOND: EQUITY INVESTORS ARE DANCING ON THE EDGE OF THE VOLCANO (THE PRAGMATIC CAPITALIST, 2/10/10)
The Impact Of Rising Interest Rates On Stocks And Bonds (Disciplined Approach to Investing, 2/26/10)
Read more on Bond Investing at Wikinvest

The Financial Ad Trader
The Financial Ad Trader - banner ads

 Email  Digg  Del.icio.us  Technorati  Stumble  Reddit  Facebook