Bill Gross Couldn’t Profit From His Two Prescient Calls

Do as I say not as I do is something which Bill Gross seems to take to heart.

Bill Gross, the famed Janus Capital Group money manager, made two prescient calls on the market this year, but he did not make much profit from both either of them.

However, Gross’ Janus Global Unconstrained Bond Fund has returned 0.8% in the past month, beating 98% of comparable funds.

Bill Gross called German Bunds the “short of a lifetime”

As highlighted by ValueWalk, Bill Gross accurately proclaimed to the world the short bund strategy was a tremendous trading opportunity, though his actual trading didn’t reflect this opinion. Instead of outright shorting...