The one thing Wall Street’s elite can’t stop talking about

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Pimco founder Bill Gross, perhaps more than at any other time in his career, is on the ropes. He’s seeing billions in monthly redemptions, his hallmark Total Return bond fund was just beaten by 94% of rivals and he’s trying to recruit new hires amid reports that he doesn’t allow traders to make eye contact with him. Never one to back away from a fight, Gross brought the lumber in his latest newsletter to clients. He wrote about his deceased female cat, Bob.

The first portion of his Investment Outlook newsletter details Gross’s personal and seemingly professional relationship with Bob, a 14-year-old Maine Coon. “I often asked her about her recommendations for pet food stocks, and she frequently responded – one meow for ‘no,’ two meows for a ‘you bet,’" he wrote. “She was less certain about interest rates, but then it never hurt to ask.”

Bob also had a penchant for following Bill around the house, even in areas where she wouldn’t normally be allowed. “It got to be a little much at times, especially when entering and exiting the shower,” he added. Gross then seamlessly transitioned into a discussion on Treasury bills and U.S. Sharpe ratios.

Where did Gross derive his inspiration? The Wall Street Journal took an educated guess. Maybe he, like millions of other investors, was following the advice of fellow billionaire Warren Buffett, who, in a spoof video for his alma mater, said that he’s bullish on cats.

It’s been a weird week on Wall Street.

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‘Alien Vs. Predator’ (NY Post)

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Glass Ceiling (Bloomberg)

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Buzz Around the Office

An ‘A ‘for Effort (

A Florida man was arrested for providing false information to law enforcement after staging a robbery at his own house because his wife refused to allow him to call in sick to work.

Quote of the Day: ““I’m quite confident I outlasted the men who questioned my stamina.” – Ruth Porat, after learning that her first bosses doubted she had the “stamina” to get past the associate level

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