Bill Gross Blasts Jeffrey Gundlach as 'Bond King' Heir

In a Bloomberg Odd Lots podcast, Bill Gross, cofounder of PIMCO, discusses the title of 'Bond King' and criticizes Jeffrey Gunlock of Double Line. Gross highlights the significant difference in assets managed by PIMCO and Double Line, comparing them to countries like Latvia or Estonia. The podcast also touches on the historical context of Gross's success at PIMCO and the rivalry with Gunlock, which began after Gross left PIMCO. The discussion takes place at a conference in California, where both Gross and Gunlock are present.

What was Bill Gross's main argument against Jeffrey Gunlock being called the 'Bond King'?

• Gunlock's firm manages significantly fewer assets.

• Gunlock has not been in the industry long enough.

• Gunlock's investment strategies are outdated.

• Gunlock has never worked with PIMCO.

How did Bill Gross earn the title of 'Bond King'?

• By founding Double Line.

• By managing PIMCO's Total Return Fund to become the largest in the world.

• By writing a bestselling book on bonds.

• By predicting the 2008 financial crisis.

What event led to the bad blood between Bill Gross and Jeffrey Gunlock?

• A disagreement over investment strategies.

• Gunlock's refusal to work with Gross after he left PIMCO.

• A lawsuit filed by Gross against Gunlock.

• A public debate where Gunlock criticized Gross.

What is the significance of the conference mentioned in the transcript?

• It is where the bond market's future was predicted.

• It is where Gunlock is expected to respond to Gross's comments.

• It is where Bill Gross announced his retirement.

• It is where PIMCO launched a new fund.

What does the phrase 'crossing the wires' imply in the context of the transcript?

• A technical error in communication.

• The release of new information or news.

• A misunderstanding between two parties.

• A financial transaction being completed.