Should Bill Gross Be Investing in Himself?

The transcript discusses the movement of $700 million from Bill Gross's personal account into his fund, highlighting the implications of such a move. It explores the assumptions made by the Wall Street Journal and the reactions from investors. The discussion emphasizes the importance of having 'skin in the game' and how it can align incentives. Despite initial skepticism, investing in one's own fund is seen as a vote of confidence. The transcript also touches on the challenges Bill Gross faces in a new investment environment, focusing on micro-investing and the need for a track record without previous infrastructure support.

What was the implication of the Wall Street Journal article regarding Bill Gross's fund?

• It suggested that Bill Gross was not investing in his own fund.

• It implied that Bill Gross's personal advisor was not involved.

• It presented connections suggesting Bill Gross invested $700 million in his fund.

• It claimed that Bill Gross's fund was entirely funded by external investors.

Why might an investor having 'skin in the game' be seen as positive?

• It suggests the investor is not interested in the fund's performance.

• It aligns the investor's incentives with those of other investors.

• It shows the investor is not confident in their fund.

• It indicates the investor is looking to exit the fund soon.

How did Bill Gross's investment in his own fund affect initial perceptions?

• It was seen as a lack of confidence in his fund.

• It was perceived as a way to avoid external scrutiny.

• It was viewed as a strategic move to attract more investors.

• It was considered a sign of financial instability.

What was a concern for investors regarding Bill Gross's new fund?

• His lack of experience in macro investing.

• The fund's focus on large-scale investments.

• His over-reliance on interest rate predictions.

• The absence of a strong infrastructure and support system.

What shift in investment strategy is Bill Gross undertaking?

• From equities to bonds.

• From micro to macro investing.

• From securities to real estate.

• From macro to micro investing.