Bill Gross’s July 2007 Investment Outlook: The Highlights
* 3 Paris Hilton name-checks
* “Our prim remembrance of Gidget going to Hawaii and hanging out with the beach boys seems to have been replaced in this case with an image of Heidi Fleiss setting up a floating brothel in Beverly Hills.”
* "AAA? You wooed Mr. Moody’s and Mr. Poor’s by the makeup, those six-inch hooker heels, and a 'tramp stamp.' Many of these good looking girls are not high-class assets worth 100 cents on the dollar."
* "I kid the Fed Chairman" jokes.
* Pretending (?) not to know who runs Bear Stearns
* Charts
Looking for Contagion in All the Wrong Places [PIMCO]
CDOs in `Hooker Heels' Fool Moody's, S&P, Gross Says [Bloomberg]
Comments
Gross gives off that dirty old Uncle Sal vibe
Posted by: TT | June 26, 2007 01:59 PM
anyone else surprised at the tramp stamp reference? does bill even know what one is?
Posted by: Anonymous | June 26, 2007 03:05 PM
In my opinion Bill will rue the day he trash talked women in this way. He is out of his league on that subject. And worse ... he got it WRONG about interest rates. According to HIM they were coming down in the early part of this year. Gross ... and Goldman ... blew it. Try for work as TV weather people.
Posted by: anon anon anon | June 26, 2007 03:28 PM
Anyone who has listened to Gross knows he talks up what he needs to make his positions look better, not what is actually going to happen. He's long...rates must be coming down in the near term, he's short... they must be going up.
I don't think he cares about insulting women to be honest with you, just like Uncle Sal doesn't either.
Posted by: inIT4the$ | June 26, 2007 03:43 PM
much like samson, bill lost all his predictive return-generating power when he shaved his walrus-stasche
Posted by: jt | June 26, 2007 03:54 PM
He's a shameless bozo. Being right means nothing to him - sounding glib and convincing is all that matters. That's where the money is for him.
Posted by: CapitalGain | June 27, 2007 02:13 AM