Bill Gross - The Bond Guru Marvels at Stamp Prices

Darryl writes:

"Hi Frank,
I thought you would find this interesting about Bill Gross:

http://blogs.ocregister.com/morningeye/archives/2007/06/stamp_sale_by_p_1.html

I think Bill Gross is one of the smartest guys in mainstream finance. I've been to the PIMCO offices and always expected it to be bigger..  the majority of the operation takes up half a floor overlooking Fashion Island in Newport Beach.. trading, intelligence..  even Bill's desk is in a great-room of flat desks with monitors (no cubicles). Very very sharp guy IMO ..  I think it's wonderful what he's doing for Doctors Without Borders, but it was funny to hear him remark about the stamp sale:

Quote: ``It's beyond my expectations,'' he said of the day's results. ``It's four times profit. It's better than the stock market.''

4X?!  ...  tee hee ..  If you really want to blow your hair back, you should take domain names for a spin Bill.  :-)

Thanks for the link Darryl.

Comments

[Garth]

Link does not work. Please remedy. Thanks