The first part of an interview with Bill Gross by Barry Ritholtz is now available on Bloomberg. In 1971, Bill Gross cofound Pacific Investment Management Co. (PIMCO), a global investment firm which focuses mostly on bonds. By 2014, PIMCO’s Total Return Fund became the largest fund under management of Gross. Nicknamed “bond king”, he was later fired from PIMCO and joined Janus Capital Group Inc. (JNS) in September 2014.
Below are five lessons I learned from the interview.