Tag: Bill

Neighbor alleges Bill Gross blared ‘Gilligan’s Island’ theme

A dispute between bond king Bill Gross and his next-door neighbor over a $1-million outdoor sculpture has devolved into police calls to their Laguna Beach mansions, multiple legal actions — and allegations that the billionaire investor blared the “Gilligan’s Island” theme song on a loop at all hours to annoy his neighbor.

The Pimco co-founder and his partner, former professional tennis player Amy Schwartz, are being accused by tech entrepreneur Mark Towfiq and his wife of harassment and intentional infliction of emotional distress. The cause? A 22-foot-long blue glass installation — and an even bigger pole and netting structure erected

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Billionaire investor Bill Ackman offers new hints on possible targets for his record-breaking SPAC


  • Pershing Square Tontine is looking at employee-owned and family-controlled businesses as potential targets for a merger, Bill Ackman said in an interview with investor Whitney Tilson.
  • The billionaire investor previously indicated his special-purpose acquisition company, or SPAC, was eyeing “mature unicorns” and “high-quality, venture-backed businesses” as takeover targets.
  • Ackman added that he limited the size of his blank-check firm to avoid shrinking the pool of merger candidates.
  • The SPAC aims to take a minority stake in a company worth between $10 billion to $15 billion, the billionaire investor said.
  • Visit the Business Insider homepage for more stories
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Investing legend Bill Gross says there is ‘little money to be made’ in the world as stimulus wanes and lists 3 sectors investors should buy to play defense

FILE PHOTO: Billionaire investor Bill Gross listens during the Milken Institute Global Conference in Beverly Hills


 

  • Investing legend Bill Gross said there is “little money to be made almost anywhere in the world” in his most recent investment outlook note. 
  • The famed bond and fixed-income investor said that much, if not all of the US fiscal stimulus is over. 
  • Investors should play defense by looking to “shunned sectors” like tobacco, banks, and certain European stocks.

“There is little money to be made almost anywhere in the world – Covid 19 vaccine or no.”

That’s according to legendary

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