Even Bond Whiz Bill Gross Is Puzzled

Pimco's investment guru looks around and admits: We're in a very delicate period that's hard to analyze. Still, his funds are prospering

He has long been the guru of the bond market, the Oracle of Orange County, and the most widely quoted and closely watched bond expert in the country. But William H. Gross, chief investment officer of the world's largest bond-fund manager, is not above making a bad call.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.