Getting Grosser By the Minute

I am gonna keep this real short and concise for all of you booze hounds out there. In this business of ours, top producers are hard to catch. As an employer, you need to woo and pay a signing bonus in excess of 100% of a big producers trailing 12 month’s production to get him/her to jump ship. In other words, if you’re doing $2 million in annual gross production, you can look forward to a $2 million check, just to switch firms. This is part of the reason why your broker keeps switching firms every 5 years.

Like I was saying, top producers are hard to come by, which leads me to Janus Capital. Not only did Janus Capital land a top producer, hiring Bill “shut the fuck up while you’re in my boardroom” Gross, they got a living fucking legend.

Ten thousand years from now, men will be reading their children tales of Wall Street at bedtime, and Bill Gross will be in most of them. He was the man who raised ALL OF THE MONEY for bonds. He is a fucking machine, Rambo in the boardroom, stabbing out pikers for lunch and eating other whales for dinner.

Granted, analysts are skeptical about Bill’s divine powers to attract ALL OF THE MONEY to head on over to Janus. But these analysts, inherently, are pikers–losers who could’t make it in sales or trading.

It is my belief that JNS is going to absolutely destroy numbers, making a mockery of all the smaller men who bet against Bill. Time will tell, naturally.

This is a conviction buy and hold for me.