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Bill Gross Needs To Get Over Pimco Love Affair

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Mark Melin
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One-time bond king Bill Gross seems to have lost his way. The founder of Pimco, the one-time largest bond fund in the world, is known in part for his legendary ability to obtain efficient market exposure, has a mantle at the Smithsonian that is yet to be finalized. While the official record of historical accomplishment will not likely recognize the nuance of the “Gross” derivatives strategy that was a component of his success, its time the legend think about how he ends his career. Does he want to end on a classic trader mistake – making it emotional, engaging in revenge trading – or does he want to go out as an industry innovator?

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.