Another money quote: "If I were one of these crazy hedge fund guys, with the slick haircuts and fancy shoes and racing stripe shirts, the trade I'd put on is 10-times-leveraged natural gas long versus 10-times short Apple." I don't think he's joking.Read it at The Reformed Broker
Notes from the DoubleLine Lunch with Jeffrey Gundlach, Spring 2012
By Joshua Brown
Gundlach is the new “Bond King” after handily beating PIMCO and 98 percent of other peer funds last year (on top of his previously superb record). Although his area of expertise is housing and mortgages, Gundlach’s macro views have been spot on the past few years. Brown’s writing style makes for an amusing read throughout the presentation.
(Disclosure: A portion of my personal funds are invested in Gundlach’s DoubleLine Total Return Bond Fund.)