A month ago, with Pimco's bets misfiring, Mr. Gross was so stressed that he left the office, taking an unplanned vacation, sitting at his home with his wife, he says.
"I just had to leave for nine days, I couldn't turn on business television, I couldn't pick up the paper, it was just devastating," Mr. Gross says in an interview at Pimco's headquarters, near the Pacific Ocean. "We've increased the volatility [of the portfolio] but I'm not enjoying it. You can't sleep at night."





4 comments:
And Dan Fuss is kicking his ass anyway...
He should also move away from his far left politics. Maybe someday he'll understand that a strong national defense is the ultimate hedge for safety and not moveon.org.
shellshocked by the largest manager of bonds. how did Pimco allow this story to get out. So things went badly at the office so the guy entrusted crawled home to sit on the couch and ignore it?
what a pussy....this market makes him sick? what if there really was a tough market....
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