Bill Gross Says He's Not Crazy

“Bond people are really dull sometimes,” said bond legend Bill Gross, explaining his motivation for writing rather flowery and expressive blog posts that were the butt of many jokes. In his first interview since moving to Janus Capital Group Inc (NYSE:JNS), the former bond king called press treatment of his highly public soap opera “harsh” and defended his actions, saying he is “not crazy.”

There is no doubt as bond prices went on a historic rise in value, a drive lower in price to now where interest rate’s are at zero, Gross was the king of the hill. He had a derivatives strategy with a relative value component that leveraged the...