Skip to main content
No. of Recommendations: 1
Gross's team made trades that went the wrong way.

google it for opinions.

Bill Gross’s Pimco Total Return Fund, the world’s biggest mutual fund, is trailing a low-cost Vanguard index fund this year as some of the top bond investors were blindsided by the rally in Treasuries.

another: At least in some circles, that’s leading to grousing about whether Gross has lost his touch. Among emerging rivals, his long-time competitor Jeffrey Gundlach has seen his new fund firm gain steam of late with oversized returns.

We used to own it as a huge portion of our portfolio, got out when it made outrageous gains prior to the Jan/Feb 2008 peak.

http://finance.yahoo.com/echarts?s=PTRAX+Interactive#chart3:...

Ti - currently short the S&P, long volatility, but mostly in Hussman's and LoomisSayles very managed bond funds, and in dry powder.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.