The trials and tribulations of a former Bond King, housing, wealth and how Chinese investors may be moving stocks while the U.S. sleeps. The FT’s Robin Wigglesworth sat down for lunch with Bill Gross. Aside from wondering what score we’d post at Gross’ home track at Big Canyon CC in Newport Beach, we couldn’t help but be struck by how the “Bond King” still grapples with the entire “chicken and the egg”
Could we be in store for another 1987-style stock market crash? Many see similarities, but Jeremy Grantham sees key differences too, the FT writes. Josh Brown (@ReformedBroker) on the fears of a FANG-run future and the investing hedge for when human employees become obsolete: ‘Just Own The Damn Robots’ Fidelity’s Abigail Johnson says we need to rethink how asset managers charge clients for their services in a letter to the Financial Times. Barron’s asks what private equity firms are
Asset management firms are treasure troves of market insight and
Despite their humble origins, annual and quarterly letters remain one
You better not shout, you better not cry