1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Jacob Wolinsky
Jacob Wolinsky
Articles  | Author's Website |

Bill Gross Discusses His Mistake on Betting Against Treasurys

Betting against U.S. debt was a mistake, says Bill Gross, PIMCO founder and co-CIO. Bill Gross stated recently that it was a “mistake to bet so heavily against the price of U.S. government debt.” He noted that he wishes he had invested more in U.S. governmental debt earlier this year. “It was my/our mistake in thinking that the U.S. economy can chug along at 2% real growth rates,” the newspaper cited Gross as saying. “The U.S. and developed economies are near the recessionary dividing point."

Below is the video where Bill Gross discusses the mistake he made with U.S. treasurys:

Visit msnbc.com forbreaking news,world news, andnews about the economy

About the author:

Jacob Wolinsky
My investment ideas have been inspired by many of value investors including Benjamin Graham, Charles Royce, John Neff, Joel Greenblatt, Peter Lynch, Seth Klarman,Martin Whitman and Bruce Greenwald. .I live with my wife and daughter in Monsey, NY. I can be contacted jacobwolinsky(AT)gmail.com and my blog is www.valuewalk.com

Visit Jacob Wolinsky's Website

Rating: 4.0/5 (5 votes)


Please leave your comment:

Performances of the stocks mentioned by Jacob Wolinsky

User Generated Screeners

DBrizanROTA22nov2017 943p
pbarker4652 week
pbarker46E&P CDN
moorebpLeveraged small-caps
kazu2016-12-15 Gori bu
mkettler0217hunting grounds
wqecapitalscreening value growth
wqecapitalscreening 1 value growth
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat