Born into a Big 5 investment banking family, I quit organized financial racketeering to go straight. MacDougal Irving is my Blogger Protection Identity, and I am a retired Certified Public Accountant and, like all of us, a badly misinformed investor. These are my observations on capital market cons as they were explained to me across the dinner table as a kid.
Prize
........... Recipient of the 2010 MacDougal Irving Prize for Truth in Market Manipulation ...........
May 4, 2016
Bill Gross Deconstructed
Here's a guy who thinks like we do:
https://17eb94422c7de298ec1b-8601c126654e9663374c173ae837a562.ssl.cf1.rackcdn.com/Documents/umbrella/bill%20gross/Bill%20Gross%20Investment%20Outlook_May%202016.pdf
Only circumspectly, so here's the piece you might as well read instead:
http://money.cnn.com/2016/05/04/investing/bill-gross-helicopter-money-qe-robots/index.html