Markets

Billionaire investor Bill Gross says the ‘Teslas of 2020’ may struggle in 2021 and reveals his top sector pick for the new year

Billionaire investor Bill Gross said 2020’s growth stocks “may struggle” in 2021 and said his current favourite market sector is the natural gas pipeline group in his latest Investment Outlook letter titled “Little Bit Softer Now.” The PIMCO co-founder said that stocks like Tesla, which skyrocketed 740% in 2020, won’t […]
Billionaire investor Bill Gross says the ‘Teslas of 2020’ may struggle in 2021 and reveals his top sector pick for the new year
Markets

Billionaire Bill Gross claims ‘Gilligan’s Island’ theme has special meaning for him and his partner, wasn’t played just to annoy neighbour

The billionaire investor Bill Gross has been embroiled in a contentious months-long legal battle with his neighbours in Laguna Beach, California. The dispute stems from a $US1 million outdoor sculpture, around which Gross and his partner, Amy Schwartz, have installed netting to protect it from the elements. Their neighbour Mark […]
Billionaire Bill Gross claims ‘Gilligan’s Island’ theme has special meaning for him and his partner, wasn’t played just to annoy neighbour
Markets

‘Bond King’ Bill Gross is retiring

“Bond King” Bill Gross is retiring from the financial industry after more than 40 years. Gross founded Pimco and served as the firm’s managing director and chief investment officer. He left Pimco for Janus Henderson in 2014. Gross says he plans on working with charitable organisations in retirement. Bill Gross, […]
‘Bond King’ Bill Gross is retiring