One-time bond king Bill Gross is back, and now he's picking stocks

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Gross offered a buffet of investing choices: real estate trust Annaly Capital, investment manager Invesco and specialty pharma firm Allergan to name three.

to name three. Annaly and Invesco have both fared poorly this year, while Allergan is up more than 30%.

"If I had to do it again, I wouldn't have left Pimco," Gross said during the interview, which aired live on "Power Lunch." "But in leaving Pimco I would have gone straight to the golf course. I think I tried to prove too much." Gross founded Pimco in 1971 and managed its total return fund, which once boasted more than $270 billion in assets.

"The thing is that fiscal stimulus that we had with the trillion-dollar deficit and the tax cuts so on, to my way of thinking they're basically played out," he said. "They need another trillion to do the same type of magic."

 

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What a fitting surname !

LOL

all his previous attempts to be good at stock calls have failed but what the heck...in his mind u get unlimited trys. He can't add value at his once core competency so he moves to stocks again?

Is this a contrarian indicator...?

I would give him my spare change to manage with that Acorn app?

Didn't he pick Dow 5000 too?

Time to retire

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