Bill Gross Enforces Total Silence On The Trading Floor Except For When He's Leading A Conga Line Around People's Desks


As someone who follows Wall Street and especially hedge funds for a living, I've long suspected, nay, known, that the secret to many a money manager's success is a daily shimmy down the trading floor. However, and I think most of you will back me up on this, I figured the first time anyone would publicly admit to it would be attached to the name of a firm whose headquarters are located in Stamford, CT and whose founder could've been a dancer if he hadn't gotten into stocks. Instead, it's PIMCO, and it's Bill Gross's dancing feet.

Lately, [Gross] has been trying to loosen up a bit in the office, where he prefers to focus, in silence, for hours in front of his trading screens. To break the quiet he helps impose, the morning we meet he starts a new ritual: at 8 a.m., a song that someone recommends is blasted over the sound system. Mr. Gross kicks it off with Short Skirt/Long Jacket by the alt-rock band Cake. He even helps lead a conga line past rows of stunned-looking traders.

If you think this was just for the benefit of the reporter 1) I don't want to hear about it and 2) think again! Gross has long been the guy the industry looks to when it needs someone to be brave, whether it's about dancing or speaking out on the evils of the automatic flush. Now that he's gone first, everyone else should feel confident enough to do the same. Is your trading floor equipped with disco balls that descend from the ceiling when they sense a certain level of hip gyrations, while the rest of the lights dim and house music starts blasting, like bham bham bhamb and boom boom boom? Is it not unusual to see a bunch of PMs shimmying down the aisle like gay chorus line circa 3PM? Is it okay and in fact encouraged for employees to "get low"? Share it with the group.

The Obsessive Life Of Bond Guru Bill Gross [Globe And Mail]

Related: Bill Gross Will Cut A Bitch For Speaking And/Or Audibly Breathing On The Floor
What Does Bill Gross Think About On The Can? He’s Happy You Asked


Bill Gross's Mustache Is Never Coming Back

Has there ever been a person in your life you didn't realize how much meant to you 'til they were gone? Who you would have treated better if you'd known your final day with was your last? Who you would have begged to stay? Who you assumed would be back eventually but as the weeks, months, and years crept on forced you to come to the hard realization that the next and only time you'd see them would be in your dreams, because they were never coming back? Whose permanent absence, once finally accepted it, hit you like a ton of bricks? Then you know how people involved with Bill Gross's Mustache feel today. Once a daily presence on the PIMCO manager's face, the BGM went away for a while but it was assumed not for good because how could that be? Why would that be? It felt impossible. Then this happened: Bloomberg's Tom Keene: When does the mustache come back? Gross: Never. My wife has finally adjusted, so it's not coming back. If you never got to say a proper good-bye, if you would have done things differently, if you feel like the wind's been knocked out of you, if you can't bear the thought of being alone tonight, join us as we light a candle in memoriam. Bill Gross's mustache in deep contemplation Bill Gross's mustache in an insane asylum Bill Gross's mustache mustache so stoned it can't feel its face Bill Gross's angry mustache! Bill Gross's suicidal mustache Bill Gross's mustache undressing you with its mind ... Pimco's Gross on Financial Repression, ETF, Greece [Bloomberg]