Nov 5, 2007

Bill Gross: Bearish on the dollar

We've told all of our clients that if you only had one idea, one investment, it would be to buy an investment in a non- dollar currency. That should be on top of the list.

~ Bill Gross, chief investment officer, Pacific Investment Management Co., "Supermodel Bundchen Joins Hedge Funds Dumping Dollars," Bloomberg.com, November 5, 2007

No comments: