… [H]uge sums forge their own anchor and our future advantage, if any, will be a small fraction of our historical edge." Buffett on how size can inhibit a firm's growth prospects, in the Berkshire Hathaway shareholder letter ."An investor's motto should be, 'Don't trust any government and verify before you invest.' The careful discrimination between sovereign credits is becoming more than casual cocktail conversation. A deficiency of global aggregate demand and the potential impotency of policymakers to close the gap are evolving into a life or death outcome for the weakest sovereigns, with consequences for credit and asset markets worldwide." PIMCO Total Return manager Bill Gross, on why some sovereign debt may begin to behave more like corporate debt, in his monthly investment commentary . 
Share:  … [H]uge sums forge their own anchor and our future advantage, if any, will be a small fraction of our historical edge." Buffett on how size can inhibit a firm's growth prospects, in the <span class="company">Berkshire Hathaway</span> shareholder letter ."An investor's motto should be, 'Don't trust any government and verify before you invest.' The careful discrimination between sovereign credits is becoming more than casual cocktail conversation. A deficiency of global aggregate demand and the potential impotency of policymakers to close the gap are evolving into a life or death outcome for the weakest sovereigns, with consequences for credit and asset markets worldwide."<span class="sent"> PIMCO Total Return manager <span class="analyst">Bill Gross</span>, on why some sovereign debt may begin to behave more like corporate debt, in his monthly investment commentary .</span>...… [H]uge sums forge their own anchor and our future advantage, if any, will be a small fraction of our historical edge." Buffett on how size can inhibit a firm's growth prospects, in the <span class="company">Berkshire Hathaway</span> shareholder letter ."An investor's motto should be, 'Don't trust any government and verify before you invest.' The careful discrimination between sovereign credits is becoming more than casual cocktail conversation. A deficiency of global aggregate demand and the potential impotency of policymakers to close the gap are evolving into a life or death outcome for the weakest sovereigns, with consequences for credit and asset markets worldwide."<span cl Tweet this 

Kraft's purchase of Cadbury sapped some of the strength from an otherwise well capitalized, conservative collection of companies 7 Utilities Select SPDR (XLU) lost 103% It's just not as safe as it used to be! The high debt levels that power plants, water facilities and gas distributors currently carry has made "grandma's portfolio" a bit riskier than in the past Of course, Bill Gross of Pimco has hinted that it might be the only equity sector worthy of your dollars 
Share:  Kraft's purchase of Cadbury sapped some of the strength from an otherwise well capitalized, conservative collection of companies 7 Utilities Select SPDR (<span class="company">XLU</span>) lost 103% It's just not as safe as it used to be!<span class="sent"> The high debt levels that power plants, water facilities and gas distributors currently carry has made "grandma's portfolio" a bit riskier than in the past Of course, <span class="analyst">Bill Gross</span> of Pimco has hinted that it might be the only equity sector worthy of your dollars</span>...Kraft's purchase of Cadbury sapped some of the strength from an otherwise well capitalized, conservative collection of companies 7 Utilities Select SPDR (<span class="company">XLU</span>) lost 103% It's just not as safe as it used to be!<span class="sent"> The high debt levels that power plants, water facilities and gas distributors currently carry has made "grandma's portfolio" a bit riskier than in the past Of course, <span class="analyst">Bill Gross</span> of Pimco has hinted that it might be the only equity sector worthy of your dollars</span> Tweet this 

Pacific Investment has accumulated the equivalent of $20 billion of bunds in the past month for its flagship Pimco Total Return Fund, Bill Gross, the co chief investment officer at the Newport Beach, California based firm, said in a Bloomberg Radio interview on Jan 8 That's about 10 percent of the fund's $204 billion in assets, he said Yields on 10 year US notes climbed 45 basis points to 383 percent since the Labor Department said on Dec 4 that US employers cut the fewest jobs since the recession began Comparable yields on bunds, the benchmark for the 16 countries that share the euro, rose 21 basis points to 339 percent 
Share:  <span class="sent"><span class="company">Pacific</span> Investment has accumulated the equivalent of $20 billion of bunds in the past month for its flagship Pimco Total Return Fund, <span class="analyst">Bill Gross</span>, the co chief investment officer at the Newport Beach, California based firm, said in a Bloomberg Radio interview on Jan 8</span> That's about 10 percent of the fund's $204 billion in assets, he said Yields on 10 year US notes climbed 45 basis points to 383 percent since the Labor Department said on Dec 4 that US employers cut the fewest jobs since the recession began Comparable yields on bunds, the benchmark for the 16 countries that share the euro, rose 21 basis points to 339 percent...<span class="sent"><span class="company">Pacific</span> Investment has accumulated the equivalent of $20 billion of bunds in the past month for its flagship Pimco Total Return Fund, <span class="analyst">Bill Gross</span>, the co chief investment officer at the Newport Beach, California based firm, said in a Bloomberg Radio interview on Jan 8</span> That's about 10 percent of the fund's $204 billion in assets, he said Yields on 10 year US notes climbed 45 basis points to 383 percent since the Labor Department said on Dec 4 that US employers cut the fewest jobs since the recession began Comparable yields on bunds, the benchmark for the 16 countries that share the euro, rose 21 basis points to 339 percent Tweet this 

Pacific Investment has accumulated the equivalent of $20 billion of bunds in the past month for its flagship Pimco Total Return Fund, Bill Gross, the co chief investment officer at the Newport Beach, California based firm, said in a Bloomberg Radio interview on Jan 8 That's about 10 percent of the fund's $204 billion in assets, he said Yields on 10 year US notes climbed 45 basis points to 383 percent since the Labor Department said on Dec 4 that US employers cut the fewest jobs since the recession began Comparable yields on bunds, the benchmark for the 16 countries that share the euro, rose 21 basis points to 339 percent 
Share:  <span class="sent"><span class="company">Pacific</span> Investment has accumulated the equivalent of $20 billion of bunds in the past month for its flagship Pimco Total Return Fund, <span class="analyst">Bill Gross</span>, the co chief investment officer at the Newport Beach, California based firm, said in a Bloomberg Radio interview on Jan 8</span> That's about 10 percent of the fund's $204 billion in assets, he said Yields on 10 year US notes climbed 45 basis points to 383 percent since the Labor Department said on Dec 4 that US employers cut the fewest jobs since the recession began Comparable yields on bunds, the benchmark for the 16 countries that share the euro, rose 21 basis points to 339 percent...<span class="sent"><span class="company">Pacific</span> Investment has accumulated the equivalent of $20 billion of bunds in the past month for its flagship Pimco Total Return Fund, <span class="analyst">Bill Gross</span>, the co chief investment officer at the Newport Beach, California based firm, said in a Bloomberg Radio interview on Jan 8</span> That's about 10 percent of the fund's $204 billion in assets, he said Yields on 10 year US notes climbed 45 basis points to 383 percent since the Labor Department said on Dec 4 that US employers cut the fewest jobs since the recession began Comparable yields on bunds, the benchmark for the 16 countries that share the euro, rose 21 basis points to 339 percent Tweet this 

Bill Gross, co chief investment officer of Pacific Investment Management Co Tim Boyle/Bloomberg News By Wes Goodman and Garfield Reynolds (Bloomberg) — Bill Gross , who runs the world's biggest bond fund at Pacific Investment Management Co , cut holdings of government debt and boosted cash to the most since Lehman Brothers Holdings Inc collapsed in Gross increased cash in the $1994 billion Total Return Fund's to 7 percent in November from negative 7 percent in October, according to Pimco's Web site The fund can have a so called negative position by using derivatives, futures or by shorting He reduced government related securities to 51 percent from a five year high of 63 percent in October 
Share:  <span class="sent"><span class="analyst">Bill Gross</span>, co chief investment officer of <span class="company">Pacific</span> Investment Management Co Tim Boyle/Bloomberg News By Wes Goodman and Garfield Reynolds (Bloomberg) — <span class="analyst">Bill Gross</span> , who runs the world's biggest bond fund at <span class="company">Pacific</span> Investment Management Co , cut holdings of government debt and boosted cash to the most since Lehman Brothers Holdings Inc collapsed in</span> Gross increased cash in the $1994 billion Total Return Fund's to 7 percent in November from negative 7 percent in October, according to Pimco's Web site The fund can have a so called negative position by using derivatives, futures or by shorting He reduced government related securities to 51 percent from a five year high of 63 percent in October...<span class="sent"><span class="analyst">Bill Gross</span>, co chief investment officer of <span class="company">Pacific</span> Investment Management Co Tim Boyle/Bloomberg News By Wes Goodman and Garfield Reynolds (Bloomberg) — <span class="analyst">Bill Gross</span> , who runs the world's biggest bond fund at <span class="company">Pacific</span> Investment Management Co , cut holdings of government debt and boosted cash to the most since Lehman Brothers Holdings Inc collapsed in</span> Gross increased cash in the $1994 billion Total Return Fund's to 7 percent in November from negative 7 percent in October, according to Pimco's Web site The fund can have a so called negative position by using derivatives, futures or by Tweet this 

Bill Gross, co chief investment officer of Pacific Investment Management Co Tim Boyle/Bloomberg News By Wes Goodman and Garfield Reynolds (Bloomberg) — Bill Gross , who runs the world's biggest bond fund at Pacific Investment Management Co , cut holdings of government debt and boosted cash to the most since Lehman Brothers Holdings Inc collapsed in Gross increased cash in the $1994 billion Total Return Fund's to 7 percent in November from negative 7 percent in October, according to Pimco's Web site The fund can have a so called negative position by using derivatives, futures or by shorting He reduced government related securities to 51 percent from a five year high of 63 percent in October 
Share:  <span class="sent"><span class="analyst">Bill Gross</span>, co chief investment officer of <span class="company">Pacific</span> Investment Management Co Tim Boyle/Bloomberg News By Wes Goodman and Garfield Reynolds (Bloomberg) — <span class="analyst">Bill Gross</span> , who runs the world's biggest bond fund at <span class="company">Pacific</span> Investment Management Co , cut holdings of government debt and boosted cash to the most since Lehman Brothers Holdings Inc collapsed in</span> Gross increased cash in the $1994 billion Total Return Fund's to 7 percent in November from negative 7 percent in October, according to Pimco's Web site The fund can have a so called negative position by using derivatives, futures or by shorting He reduced government related securities to 51 percent from a five year high of 63 percent in October...<span class="sent"><span class="analyst">Bill Gross</span>, co chief investment officer of <span class="company">Pacific</span> Investment Management Co Tim Boyle/Bloomberg News By Wes Goodman and Garfield Reynolds (Bloomberg) — <span class="analyst">Bill Gross</span> , who runs the world's biggest bond fund at <span class="company">Pacific</span> Investment Management Co , cut holdings of government debt and boosted cash to the most since Lehman Brothers Holdings Inc collapsed in</span> Gross increased cash in the $1994 billion Total Return Fund's to 7 percent in November from negative 7 percent in October, according to Pimco's Web site The fund can have a so called negative po Tweet this 

But we're not the only ones giving such advice If you've been paying attention, then you know that Warren Buffett came out against the dollar in an August New York Times editorial And Hummler, in his commentary, points out two other investing luminaries who have taken high profile stands against the dollar: "Bill Gross of Pacific Investment Management Co (PIMCO), which manages the biggest bond fund in the world, advises investors to sell dollar investments 'before the central banks and sovereign wealth funds do'" "[C]ommodities specialist Jim Rogers announces his new favorite currency the Chinese yuan" 
Share:  But we're not the only ones giving such advice If you've been paying attention, then you know that <span class="company">Warren Buffett</span> came out against the dollar in an August New York Times editorial<span class="sent"> And Hummler, in his commentary, points out two other investing luminaries who have taken high profile stands against the dollar: "<span class="analyst">Bill Gross</span> of Pacific Investment Management Co (PIMCO), which manages the biggest bond fund in the world, advises investors to sell dollar investments 'before the central banks and sovereign wealth funds do'"</span> "[C]ommodities specialist Jim Rogers announces his new favorite currency the Chinese yuan"...But we're not the only ones giving such advice If you've been paying attention, then you know that <span class="company">Warren Buffett</span> came out against the dollar in an August New York Times editorial<span class="sent"> And Hummler, in his commentary, points out two other investing luminaries who have taken high profile stands against the dollar: "<span class="analyst">Bill Gross</span> of Pacific Investment Management Co (PIMCO), which manages the biggest bond fund in the world, advises investors to sell dollar investments 'before the central banks and sovereign wealth funds do'"</span> "[C]ommodities specialist Jim Rogers announces his new favorite currency the Chinese yuan" Tweet this 

Although TCW's clients have taken lumps in some mortgage related investments, including so called collateralized debt obligations, Gundlach still is considered one of the country's premier investors in complex mortgage securities. Even as many mortgage bonds exploded in the last few years, Gundlach steered the TCW Total Return Bond fund clear of that mess. The fund has gained an average of 9.1% a year over the last three years, beating 99% of its peer bond funds, according to Morningstar Inc. Gundlach has scored much higher returns than that via riskier institutional funds that have taken advantage of the crash and subsequent rebound in many mortgage bonds since 2006. Last month, Morningstar named Gundlach one of its nominees for "fixed income manager of the decade" on a list that also included bond guru Bill Gross at Newport Beach rival Pimco.  
Share:  Although <span class="company">TCW</span>'s clients have taken lumps in some mortgage related investments, including so called collateralized debt obligations, Gundlach still is considered one of the country's premier investors in complex mortgage securities. Even as many mortgage bonds exploded in the last few years, Gundlach steered the <span class="company">TCW</span> Total Return Bond fund clear of that mess. The fund has gained an average of 9.1% a year over the last three years, beating 99% of its peer bond funds, according to Morningstar Inc. Gundlach has scored much higher returns than that via riskier institutional funds that have taken advantage of the crash and subsequent rebound in many mortgage bonds since 2006. <span class="sent"> Last month, Morningstar named Gundlach one of its nominees for "fixed income manager of the decade" on a list that also included bond guru <span class="analyst">Bill Gross</span> at Newport Beach rival Pimco. </span>...Although <span class="company">TCW</span>'s clients have taken lumps in some mortgage related investments, including so called collateralized debt obligations, Gundlach still is considered one of the country's premier investors in complex mortgage securities. Even as many mortgage bonds exploded in the last few years, Gundlach steered the <span class="company">TCW</span> Total Return Bond fund clear of that mess. The fund has gained an average of 9.1% a year over the last three years, beating 99% of its peer bond funds, according to Morningstar Inc. Gundlach has scored much higher returns than th Tweet this 

Although TCW's clients have taken lumps in some mortgage related investments, including so called collateralized debt obligations, Gundlach still is considered one of the country's premier investors in complex mortgage securities. Even as many mortgage bonds exploded in the last few years, Gundlach steered the TCW Total Return Bond fund clear of that mess. The fund has gained an average of 9.1% a year over the last three years, beating 99% of its peer bond funds, according to Morningstar Inc. Gundlach has scored much higher returns than that via riskier institutional funds that have taken advantage of the crash and subsequent rebound in many mortgage bonds since 2006. Last month, Morningstar named Gundlach one of its nominees for "fixed income manager of the decade" on a list that also included bond guru Bill Gross at Newport Beach rival Pimco.  
Share:  Although <span class="company">TCW</span>'s clients have taken lumps in some mortgage related investments, including so called collateralized debt obligations, Gundlach still is considered one of the country's premier investors in complex mortgage securities. Even as many mortgage bonds exploded in the last few years, Gundlach steered the <span class="company">TCW</span> Total Return Bond fund clear of that mess. The fund has gained an average of 9.1% a year over the last three years, beating 99% of its peer bond funds, according to Morningstar Inc. Gundlach has scored much higher returns than that via riskier institutional funds that have taken advantage of the crash and subsequent rebound in many mortgage bonds since 2006. <span class="sent"> Last month, Morningstar named Gundlach one of its nominees for "fixed income manager of the decade" on a list that also included bond guru <span class="analyst">Bill Gross</span> at Newport Beach rival Pimco. </span>...Although <span class="company">TCW</span>'s clients have taken lumps in some mortgage related investments, including so called collateralized debt obligations, Gundlach still is considered one of the country's premier investors in complex mortgage securities. Even as many mortgage bonds exploded in the last few years, Gundlach steered the <span class="company">TCW</span> Total Return Bond fund clear of that mess. The fund has gained an average of 9.1% a year over the last three years, beating 99% of its peer bond funds, according to Morningstar Inc. Gundlach has scored much higher returns than that vi Tweet this 

When PIMCO and Bill Gross targeted GE's reliance on short term funding earlier in the decade, and made very public note of this funding issue and then Bill Gross started getting a lot of airtime on CNBC, some saw a conspiracy theory at work.  
Share:  <span class="sent">When PIMCO and <span class="analyst">Bill Gross</span> targeted <span class="company">GE</span>'s reliance on short term funding earlier in the decade, and made very public note of this funding issue and then <span class="analyst">Bill Gross</span> started getting a lot of airtime on CNBC, some saw a conspiracy theory at work. </span> Tweet this