Serial investor and bitcoin advocate Bill Gross has announced his immediate retirement from active bond investment to manage his own funds. Gross who was dubbed the “bond king” for his role in active bond-trading almost 50 years ago, achieved fame and notoriety in equal measure for his investment advice to pick bitcoin over central banks. Bill Gross Defended Bitcoin in 2016 Describing central banks as a “casino” in a 2016 investment letter for the Janus Henderson Global Unconstrained Fund, Gross painted a picture of a post-apocalyptic future where existing financial paradigms are overwhelmed and replaced by cryptocurrency. Unsurprisingly, the position
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