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To: arete
You are talking about Bill Gross -- one of the most successful bond fund managers around. He's just laying it out as it is.

After you pointed it out, I looked it up. Out of all my 401K investments, his is performing the best.

That being said, he still used the word "hegemony" in a way that teed me off. That and claiming a mastry of the English language largely through reading reference materials biased me against an honest reading of this article. I don't much care for his writing style, but I don't invest based on it either.

15 posted on 02/06/2003 7:41:43 PM PST by jz638
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To: jz638
I don't much care for his writing style, but I don't invest based on it either.

I suggest that you start paying more attention to what Mr. Gross has to say. He isn't one of those regular flim flam paper pushers from Wall Street. He impresses me as a straight shooter without the hidden agenda. If you remember, he blew the whistle on GE Capital last year and that didn't make him many friends.

Richard W.

17 posted on 02/06/2003 8:28:38 PM PST by arete (Greenspan is a ruling class elitist and closet socialist who is destroying the economy)
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To: jz638
"Out of all my 401K investments, his is performing the best."

That's because he is the most successful bond manager in the country. Bonds have outperformed most other investments for the last three years. Now bonds are at the highest price relative to yield since the sixties.

19 posted on 02/06/2003 8:47:15 PM PST by groanup (It's not how much you make it's how much you keep.)
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