Economics
Top Investors Will Feel Heat of New Epoch
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Just how great are today’s great investors? We might not know, not yet, because they’ve become great in a great time for investing.
Pimco co-founder Bill Gross recently published a reflective essay on the role of decades-long economic trends in the success of super-investors. In his career, he wrote, he might not have seen enough true variability to know if the epoch made him or if he made the epoch.