One-time bond king Bill Gross seems to have lost his way. The founder of Pimco, the one-time largest bond fund in the world, is known in part for his legendary ability to obtain efficient market exposure, has a mantle at the Smithsonian that is yet to be finalized. While the official record of historical accomplishment will not likely recognize the nuance of the “Gross” derivatives strategy that was a component of his success, its time the legend think about how he ends his career. Does he want to end on a classic trader mistake – making it emotional, engaging in…
Bill Gross Needs To Get Over Pimco Love Affair
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.