Fundsters interested in Bill Gross
' perspective on society and the markets may want to take a look at his latest "investment outlook" feature. In the February edition, the Pimco
] star broadly attacks
the financial services industry as not doing "God's work."
"As a profession we have failed miserably at our primary function -- the efficient and productive allocation of capital," Gross writes. "Financiers have lost their high ground and, if truth be told, we began to lose it a long time ago when we figured out that money was more than a medium of exchange or a poor substitute for a store of value."
Gross also writes about his worries over core inflation. Reuters covered
Neil Anderson, Managing Editor
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