In 2005, Bill Gross wrote a piece for the Financial Analysts Journal 60th anniversary edition entitled Consistent Alpha Generation through Structure, which looked at the role of portfolio structure in achieving outperformance.This is a brief summary of the article in question. Bill Gross: Two key foundations Bill Gross begins by noting that, to be successful in managing money over the long-term, you need to take into account two key foundations. Firstly: “…’a secular outlook’ — that is, a three-year to five-year forecast that forces one to think long term and to avoid the destructive bile arising from the emotional whipsaws…
[From The Archives] Bill Gross On Consistent Alpha Generation Through Structure
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk