Monday, February 13, 2012

Warren Buffett, Bill Gross spar over bond investing

Warren Buffett, Bill Gross spar over bond investing

1 comment:

  1. Gross, who has earned the title “the Bond King”' for his mastery over the bond market, has boosted U.S. government and Treasury debt to 38 percent of assets in Pimco’s $250.5 billion Total Return Fund from 30 percent in December, Bloomberg reported.
    Buffett, another investment guru with a faithful following, said Thursday in an adaptation from his upcoming shareholder letter posted on Fortune magazine’s website that taxes and inflation should deter investors from buying debt.

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