The Bond King’s Greatest Hits: A Selection of the Best Investment Outlooks Over the Past 46 Years as Chosen by Bond King Bill Gross

A combination of wit, wisdom and personal anecdotes, “Bond King” Bill Gross’s Investment Outlooks have been eagerly anticipated by investors since he first started writing them in the 1970’s after co-founding what became the Pimco bond trading powerhouse. Described as “quirky,” a “distinct voice,” “wildly unscripted," and, by his own words, “a little zany,” the irreverent and highly personalized Outlooks have been anything but dull. Gross has used the Investment Outlooks to share some of his home life, personality quirks (not a fan of Christmas parties), but mostly to provide insights from one of the greatest investment minds of his generation. Now, as a companion volume to the earlier publication of a comprehensive compilation of his Outlooks, The King And I: 46 Years of Investment Outlooks, Musings, And 'Commonsensical' Thoughts From Bond King Bill Gross, Gross is releasing a new curated collection of his favorites, chosen to highlight what he considers the best examples of his writing, forecasting skills, and financial and economic analysis. The Bond King’s Greatest Hits: A Selection of the Best Investment Outlooks Over the Past 46 Years as Chosen by Bond King Bill Gross provides unparalleled insights into the mind of the man named by Morningstar as Fixed Income Manager of the Decade for 2000 to 2009; Fixed Income Manager of the Year for 1998, 2000 and 2007; and a member of Fixed Income Analysts Society Hall of Fame. This condensed collection begins with Gross’s “The Plankton Theory” from 1980, which explains how the underlying masses of consumers (plankton) act as the initial building blocks that support the larger economic food chain, similar to how most fish and mammals in the sea depend on plankton at the bottom of the food pyramid. It includes one of his personal favorites, “Back to Butler Creek” from 1993 – named after the creek near where he spent his early years in Ohio – that accurately described a bond market environment approaching (but not quite reaching) an end to the dynamic bull market of the prior twelve years. And one of his quirkier, but heartfelt, Outlooks, simply titled “Bob” that starts with the passing of his beloved female Maine Coon cat of 14 years – “one of the sweetest animals that anyone could have had” – and segues into Sharpe ratios and Treasury yields. Similar to Warren Buffett’s much-celebrated annual shareholder letters, the Investment Outlooks provided transparency to Bill Gross’s investment process, allowing investors to understand how he was investing their money, with accessible and engaging writing. Gross’s Investment Outlooks moved markets and influenced Federal Reserve officials and policy makers when he was the world’s largest mutual fund manager overseeing Pimco’s wildly successful Total Return Fund. Now, with Gross’s decades of experience in the markets, this selected anthology of his opinions and observations further reinforces his undisputed title of “the Bond King”. No less an authority than Warren Buffett himself agrees: “I eagerly look forward to Bill Gross’s commentaries. The prose is lively, the logic flawless, and the insights valuable. It’s going to be a delight to have his views collected in a volume to which I can readily refer.”