Man In The Mirror – Bill Gross

Bill Gross pratar om vad som gör en famgångsrik investerare; förmågan att anpassa sig till förändring. Han ser också att den tid och förutsättningar som varit är på väg att ändras. Vad ser han i framtiden? Hur kommer han att förändra sig?

“But let me admit something. There is not a Bond King or a Stock King or an Investor Sovereign alive that can claim title to a throne. All of us, even the old guys like Buffett, Soros, Fuss, yeah – me too, have cut our teeth during perhaps a most advantageous period of time, the most attractive epoch, that an investor could experience. Since the early 1970s when the dollar was released from gold and credit began its incredible, liquefying, total return journey to the present day, an investor that took marginal risk, levered it wisely and was conveniently sheltered from periodic bouts of deleveraging or asset withdrawals could, and in some cases, was rewarded with the crown of “greatness.” Perhaps, however, it was the epoch that made the man as opposed to the man that made the epoch.

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