Bill Gross’s ‘Short Of A Lifetime’ Would Mean Armageddon

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Bill Gross’s ‘Short Of A Lifetime’ Would Mean Armageddon


The trade that George Soros and Stanley Druckenmiller pulled off in 1992 by betting against the British pound — and making $1 billion in the process — has gained legendary status. So when Bill Gross, the world’s best-known bond investor, tweeted yesterday from his current employer Janus Capital that betting against German government debt is the trade of a “lifetime,” he reached for that bit of history to benchmark the current opportunity.

Bill Gross’s ‘Short of a Lifetime’ Would Mean Armageddon

Odey Discusses Howard Marks’ Astute Observation On Why Hedge Fund Alpha Is Increasingly Rare [January Letter]

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