Dan Ivascyn, Bill Gross’ successor at Pimco, not as flamboyant as the old bond king, but he has produced results
He cuts a much lower profile and his comments about the market are filled with introspection.
The old bond king's pomp no longer fits the circumstance.
The dethroned monarch, of course, is Bill Gross, the Pimco money manager known for his flamboyant public appearances, investor letters with paeans to his cat, sweeping market calls and desire to be proved right.
The madness of King Bill was
Learn more about reprints and licensing for this article.