Bill Gross made $10m from the GameStop rally, but lost a huge amount of sleep in the process, he told Citywire Selector in an exclusive interview.
In a wide-ranging interview, the bond market veteran explained how he capitalized on the opportunity created by a band of non-professional investors buying GameStop shares, as part of a co-ordinated ‘short squeeze’ that had its origins on Reddit.
During the interview, Gross also talked openly about his regrets over joining Janus Henderson when he left Pimco in 2014. It's wild stuff. You owe it to yourself to click in and hear for yourself.
Apparently he even went to Jeff Gundlach to see if they could work together, but negotiations fell through, leaving him taking the Janus offer instead.