Thursday, August 30, 2012

Bill Gross Thanks Paul Ryan For Investing In PIMCO Fund

Paul Ryan just got a new supporter. Sort of.

Bill Gross, the co-chief investment officer of PIMCO and arguably the most well-known bond investor in the world, thanked the Republican vice presidential nominee for investing in one of his company?s funds, in a PIMCO tweet.


PIMCO
Gross: Thanks Paul Ryan for investing in a PIMCO fund. Your reputation as a numbers guy is validated.

Ryan, a Wisconsin congressman, rose to political prominence largely on his math smarts and has an investment portfolio many would envy. Many of the big-name stocks Ryan owned in 2011, according to -- including Wells Fargo, Amazon and Apple -- have done extremely well in 2012, according to CNNMoney.

Still, Ryan?s decision to invest in a PIMCO fund may not guarantee Gross?s full political support. The investor told CNBC in February that he?s "a little Ron Paulish."

(Hat tip: Zero Hedge).

Earlier on HuffPost:

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Source: http://www.huffingtonpost.com/2012/08/29/bill-gross-paul-ryan_n_1840757.html

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