Roben Farzad’s Jeffrey Gundlach Profile
- Joshua M Brown
- May 11th, 2012
My friend Roben got to hang with Jeffrey Gundlach out in LA for a BusinessWeek profile that tells the entire story of DoubleLine's genesis and evolution into a multi-asset class fund shop...
He dives into why he alone can trounce the competition in bond funds. “I can still do about 7 percent in a world of 2 percent,” he says. “You stress-test your portfolio constantly. You think about it and analyze it to death. Other people don’t know how. I wish I could teach it to somebody.”
Since DoubleLine first took investor money in April 2010, it has amassed $34 billion in assets. Even as it quadrupled in size last year, DoubleLine’s $22 billion Total Return Bond Fund (DBLTX) outperformed 99 percent of its rivals. The firm takes in $80 million to $100 million in new client dollars every day.
Click over for the whole story, including an amazing photo from when Gundlach was a member of 80's mope-rock band, The Cure.
Source:
Jeffrey Gundlach, Bond Savant (BusinessWeek)
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The Reformed Broker is a blog about financial markets and the economy. Joshua Brown is a New York City-based investment advisor for high net worth individuals, charitable foundations, retirement plans and corporations... More. -
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