What Really Happened at PIMCO

As I mentioned over the weekend, the month of September ended with two dramatically different exits: The Hollywood ending of Yankee Captain Derek Jeter's Hall of Fame 20-year career, and the acrimonious departure of Bill Gross from PIMCO, the firm he founded 43 years ago.

The departure of the two could not have been in starker contrast.

More importantly, as investors, we can learn a great deal by taking a moment to explore why Gross took the extraordinary step of leaving the institution with which he is synonymous... Full Story

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