do it so one of the biggest bond funds in the world celebrated investor is of course bill gross and penco and they're of course meeting huge redemptions in their funds as bond market tumbles pimco seeks to reassure investors for thirty years bill gross has been seen as a genius but now nine point nine billion dollars with us drawn from his pimco total returns fund in june that's eight point five percent of all the holdings well it's not going to outperform the bond market in the face of a bond pocalypse that's just the way it goes for bill gross i mean he's a good got a bombs on so unless he goes on a percent cash or moves into something else he's going to suffer the ravages of the reversal in interest rates that were saying out of sight of the basis that will continue now for ten years or more well it appears from morningstar data that he himself also was smoking his own belly button when he thought he believed that he can't do wrong for thirty years he's been right and ninety percent of pimco assets were in bond funds so alice in this article are pretty surprised that he's all in essent