Investment Secrets from Pimco's Bill Gross

by Middleton, Timothy; Bernstein, Peter L.

• ISBN13: 9780471736011
• ISBN10: 0471736015
• Edition: 1st
• Format: Paperback
• Copyright: 2006-03-03
• Publisher: Wiley

Summary

Praise For Investment Secrets From PIMCO's Bill Gross "No investor is held in higher regard by his peers than Bill Gross. His understanding of the markets and his insights on how to profit from them are unparalleled. Now, Tim Middleton takes you into Gross's world for an insider's view on how the world of finance really works. If this book were a bond, it would be AAA rated with a double-digit yield." -DON PHILLIPS, Managing Director, Morningstar, Inc. "The secret to investment success is discipline. In bonds, nobody has displayed better discipline than Bill Gross. And nobody has done a better job of explaining Gross's methods, and instructing private investors how they can exploit his approach, than Tim Middleton." -JON MARKMAN, Columnist, CNBC on MSN Money "Warren Buffett, John Neff, Bill Miller, Peter Lynch-the stock market has always had dominant personalities whose long-term success becomes legend. In the bond market, that dominant personality is Gross." -FORTUNE "Bill Gross is the Emeril Lagasse of bond managers." -FORBES "If you want to get a stock mutual fund manager steamed, ask why his fund can't beat bond guru Bill Gross." -USA TODAY

Author Biography

Timothy Middleton is a columnist for CNBC's MSN Money and a contributor to CNBC television. He also does weekend business reports for WCBS Radio in New York. Middleton was formerly a 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 twenty-five years, he has been an editor of Dow Jones News Service and Crain's New York Business, a writer for the Abreast of the Market column for the Wall Street Journal Europe, and a speechwriter for the Federal Reserve Bank of St. Louis. Middleton was a Davenport Fellow in Reporting on Business and the Economy at the University of Missouri.

Table of Contents

Foreword	v
Preface	xi
Acknowledgments	xv
Part One: Gross the Man	1	(86)
Introduction	3	(8)
From $200 to Half a Billion	11	(24)
Total Return Investing	35	(21)
The Gifts of the Magi	56	(31)
Part Two: Total Return Investing	87	(74)
A Waterlogged World	89	(19)
All Bonds Are Divided into Three Parts	108	(27)
Taking Taxes Off the Table	135	(13)
Where the ``Oh, Boys!'' Are	148	(13)
Part Three: The Royal Approach	161	(50)
How to Invest for the Next Five Years	163	(17)
The Ways of the King	180	(31)
Sources	211	(4)
Bibliography	215	(2)
Index	217