Luring the Triple Crown of Newport Beach to Denver comes at a cost. Read more »
Gross is reportedly losing office space faster than assets but the good news is that if he’s ever feeling cramped, he can take a quick walk over to his old digs and stretch his shit out, assuming his old Pimco ID still works, which is admittedly a big if. Read more »
Changing jobs can be very stressful. I’m not going to get into what I did before I won the coveted Dealbreaker Chef de Cuisine post, but let’s just say my julienning skills were more than a tad underutilized.
The first week on a new job is a brutal mishmash of emotions, whether you’re a line cook, a Chef de Cuisine, or yes, even a bond fund manager. (This is especially true when most of the money from you old gig doesn’t make the trip with you to your new one.) It takes a while to learn the rhythms of the new office, figure out whether your no-eye contact policy freaks people out, or whether insulting a colleague’s French accent will drive him into the Croque Monsieur business.
In terms of making new friends and finding his way in the new space, the fact that Bill Gross is working remotely from Malibu, and not at his new employer’s headquarters in Denver, puts him at a disadvantage. But it also offers him an opportunity. While I’m contractually barred from discussing my clients, let’s just hypothetically say Bill was one, and the two of us were sitting in his office in Newport Beach, right before hopping on the short flight to Colorado to meet some of his new colleagues, or he called me after landing, pleading for advice re: how to interact with people. The setting doesn’t matter, my advice to him would be the same: Give them a taste of Denver. Let them know you appreciate their home.
As a rookie, I’m not suggesting Bill whip up a few servings of Rocky Mountain oysters, the deep-fried testicles of bull calves that Coloradoans love so dearly. No, that could make for a bit of an awkward first impression.
When I tell Bill to “give them a taste of Denver,” I mean one thing: “Get yourself an apron and a chef’s hat and set up a Denver omelette station. Set it up IMMEDIATELY.” Read more »
Naturally, the details of this event lead his latest (and inaugural at Janus) Investment Outlook. Read more »
“I expect my second life at Janus Capital to be a simpler sequel to my life at Pimco,” Gross said in a conversation today with Janus’s Chief Executive Officer Dick Weil that was broadcast on the firm’s website. “I think we’re going to make for a good team, not just you and I but a lot of people coming together.” Gross, who had a bandaid under his right eye, said “it’s been a rough few weeks” since he decided to leave his former employer. [Bloomberg]