Customer Reviews

Bill Gross on Investing

5 star:		(2)
4 star:		(2)
3 star:		(1)
2 star:		(1)
1 star:		(2)

 

 

If you don't already know it, Bill Gross is arguably the best bond fund manager in the world. He manages one of the largest funds in the world through the Pacific Investment Management Company.

Although the book is titled "Bill Gross on Investing", it has a fair amount of emphasis on bonds. Bill Gross makes a case for investing in bonds as opposed to equities. He argues that we are now entering a different era which he calls the "Era of 6 Percent". And in this era we are not likely to see the kind of high-octane equities prices we have been accustomed to in the past 20 years. Hence, the case for bond investing.

Along the way, Bill Gross also teaches various concepts of investment which would be useful to the interested investor. In fact, it is his avowed goal of this book to make the reading of investment fun. His background as a former navy pilot and a former successful Las Vegas card-counting gambler also makes for an interesting read.

All in all, I found his views and approach refreshingly different from the many other books emphasising equities as the way to go. This book has made me more aware of bonds and the range, flexibility and versatility it can bring to one's investment portfolio.

For those interested in reading more about bond investing, I would also recommend The Bond Book by Annette Thau and Beating The Dow With Bonds by Michael B. O'Higgins.

this book is just the paperback versoin of "Everything you've heard about investing is wrong!" by the same author published by Random House. I found out only after purchasing it. Really hate the new publisher John Wiley & Sons Inc! Why did they change the title of the same book just to sell more copies? Couldn't they indicate this explicitly to the potential buyers?

This guy knows his stuff! I found it very informative, especially when it came to the reasons for and how to profit in a down market. As opposed to his last book, you can actually apply this information to an investment strategy.

I waited anxiously to receive this book and I have to say regretably that I am totally disappointed. There is some useful information in it but it was written, IMO, as a theory as to what was going to happen in the final few years of the 20th century and Mr. Gross got it wrong. We saw the biggest rise and fall in the history of the market, not the 6 percent that Mr. Gross predicted. Rather than focusing so narrowly on what he believed was going to happen in a specific time period I was hoping for a general book and am disappointed because this book is dated.

I found the investment advice in this book to be very fresh and helpful. Bill Gross clearly understands what drives the markets and he is able to explain his theories in a very clear and logical manner. Get this book if you want to understand more about the impact of macroeconomic fundamentals on the world of investing today.

Beware one book two titles "Bill Gross on investing" and "Everything you have heard about investing is wrong".

Otherwise is has a lot of wisdom. The problem is that it's too short and it is not explained why he believes many things.

This book is well written and easy to read, with a fun and humorous style. In this book you will learn about bonds, you will also learn about Bill's life - which is interesting. The book is set in the late 90s so one must bear in mind that the predictions for growth are different to what actually happened since then - but thats the nature of predicting, not a faulty of the book. Nevertheless, it has an eminently sensible basis and gives advice of how to handle the possible "6% growth" investment scenario outlined.

Most interesting of all and why I put "good thinking" in the title of this review is that Bill highlights some good economics by making a link between demographics and investment prospects.

This book is a great read and will add to your investment education as well.

obviously i'm in the minority here, but i can't say that i learned anything from this book. he's a great bond fund manager, but imho he just doesn't convey any useful info in this book. his prose is fine, but i didn't learn a thing.