Bill Gross is the undisputed bond king! In a world where weary investors are desperate to just break even, Bill Gross is reaping in profits. His investments have made PIMCO’s Total Return bond fund a perennial winner. This year the fund surpassed Vanguard’s 500 Index Fund, making it the largest mutual fund in the U.S. The analysis and decision making that goes into the investments represented in the PIMCO fund will guide readers as they make their own investment choices; and those professional money managers and investors interested in bonds will learn much from Bill Gross, a living legend among financiers and investors. In The Bond King, readers will get to know the real Bill Gross — blackjack king, fighter jet pilot, marathon runner, and finance’s impresario of bonds — and the company he founded, Pacific Investment Management Company (PIMCO). The book will discuss the investment lessons that shaped Gross’s approach and how he has fared in light of a changing global economy. Finally, the author will present an investment outlook based on Gross and PIMCO’s investment philosophy. The author will have the full cooperation of PIMCO and the support of Bill Gross. Founded by Bill Gross in 1971, PIMCO ia a leading institional money manager with over $301.7 billion in assets under management.
Book Details:
- Author: Timothy Middleton
- ISBN: 9780470589496
- Year Published: 2004
- Pages: 240
- BISAC: BUS027000, BUSINESS & ECONOMICS/Finance
About the Book and Topic:
Bill Gross is the undisputed bond king! In a world where weary investors are desperate to just break even, Bill Gross is reaping in profits. His investments have made PIMCO’s Total Return bond fund a perennial winner. This year the fund surpassed Vanguard’s 500 Index Fund, making it the largest mutual fund in the U.S. The analysis and decision making that goes into the investments represented in the PIMCO fund will guide readers as they make their own investment choices; and those professional money managers and investors interested in bonds will learn much from Bill Gross, a living legend among financiers and investors. In The Bond King, readers will get to know the real Bill Gross — blackjack king, fighter jet pilot, marathon runner, and finance’s impresario of bonds — and the company he founded, Pacific Investment Management Company (PIMCO). The book will discuss the investment lessons that shaped Gross’s approach and how he has fared in light of a changing global economy. Finally, the author will present an investment outlook based on Gross and PIMCO’s investment philosophy. The author will have the full cooperation of PIMCO and the support of Bill Gross. Founded by Bill Gross in 1971, PIMCO ia a leading institional money manager with over $301.7 billion in assets under management.
1. LESSONS AND ADVICE FROM AN INVESTMENT GENIUS. Bonds are beating stocks and the profitability of Bill Gross’s Total Return Fund is undeniable evidence. Boasting a 10-year average gain of 8.3%, the investments that go into this fund are of high interest to individual and institutional investors alike. This book will distill the practices and techniques of PIMCO founder Bill Gross for investors at all levels. 2. FULL SUPPORT OF PIMCO. The author has access to top PIMCO executives as well as Bill Gross, and has been given the support of PIMCO’s communications and PR group. 3. GROSS PUT THE “TOTAL” IN PIMCO’S TOTAL RETURN FUND. With $64.6 billion in assets, Gross’s Total Return Fund surpassed the Vanguard Index 500 Fund, becoming the largest and most profitable mutual fund in the U.S. 4. MARKETING SUPPORT FROM PIMCO: Bill Gross’ firm, PIMCO, will co-promote this book via email campaigns and other marketing initiatives with Wiley.
About the Author
Timothy Middleton is a columnist for CNBC on MSN Money, and a regular contributor to CNBC’s Squawk Box. He was formerly mutual funds columnist for the New York Times, and a contributor to such periodicals as Money magazine, Worth and Bloomberg Personal. A financial journalist for 25 years, he has been an editor of Dow Jones News Service and Crain’s New York Business, and a writer for the Abreast of the Market column for the Wall Street Journal Europe. He does weekend business reports for WCBS Radio in New York. Middleton was a Davenport Fellow in Reporting on Business and the Economy of the University of Missouri. A native of the Midwest, he was also a speechwriter for the Federal Reserve Bank of St. Louis.