Bill Gross on Investing

This book is well written and easy to read, with a fun and humorous style. In this book you will learn about bonds, you will also learn about Bill's life - which is interesting. The book is set in the late 90s so one must bear in mind that the predictions for growth are different to what actually happened since then - but thats the nature of predicting, not a faulty of the book. Nevertheless, it has an eminently sensible basis and gives advice of how to handle the possible "6% growth" investment scenario outlined. Most interesting of all and why I put "good thinking" in the title of this review is that Bill highlights some good economics by making a link between demographics and investment prospects. This book is a great read and will add to your investment education as well.

If you don't already know it, Bill Gross is arguably the best bond fund manager in the world. He manages one of the largest funds in the world through the Pacific Investment Management Company.Although the book is titled "Bill Gross on Investing", it has a fair amount of emphasis on bonds. Bill Gross makes a case for investing in bonds as opposed to equities. He argues that we are now entering a different era which he calls the "Era of 6 Percent". And in this era we are not likely to see the kind of high-octane equities prices we have been accustomed to in the past 20 years. Hence, the case for bond investing.Along the way, Bill Gross also teaches various concepts of investment which would be useful to the interested investor. In fact, it is his avowed goal of this book to make the reading of investment fun. His background as a former navy pilot and a former successful Las Vegas card-counting gambler also makes for an interesting read.All in all, I found his views and approach refreshingly different from the many other books emphasising equities as the way to go. This book has made me more aware of bonds and the range, flexibility and versatility it can bring to one's investment portfolio.For those interested in reading more about bond investing, I would also recommend The Bond Book by Annette Thau and Beating The Dow With Bonds by Michael B. O'Higgins.

I found the investment advice in this book to be very fresh and helpful. Bill Gross clearly understands what drives the markets and he is able to explain his theories in a very clear and logical manner. Get this book if you want to understand more about the impact of macroeconomic fundamentals on the world of investing today.

This guy knows his stuff! I found it very informative, especially when it came to the reasons for and how to profit in a down market. As opposed to his last book, you can actually apply this information to an investment strategy.