Our title today emanates from that Kenny Roger’s classic, “The Gambler”…”You got to know when to hold ‘em, know when to fold ‘em. Know when to walk away, know when to run.” It seems this is a lesson that has been lost on PIMCO founder, Bill Gross and his minions. Because Mr. Gross knew how…
Tag: PIMCO
Session 40–Be Afraid,Very Afraid!
Now, this is not my message, but it seems to be a message that the folks at PIMCO (Pacific Investment Management Company, LLC) are making a concerted effort to get into the public domain. Their intentions may be pure and noble, but instilling doubt and uncertainty might also be a desirable after effect. Having said…