Imagine what would have happened if Gross had joined DoubleLine.

http://dealbreaker.com/2014/09/we-almost-had-a-universe-in-which-bill-gross-uttered-the-words-yes-mr-gundlach-anything-else-mr-gundlach-monday-friday/

I'm going to have my cake and eat it too. Going to sell half my PTTRX stake. When I can login to the blasted 401k site that is. Let me try now.

FYI: Top executives of Pimco and its German parent, Allianz SE, scrambled on Monday to stem the outflow of money after the stunning exit of star bond manager Bill Gross last week, but even after months of internal strife Allianz said it plans to let Pimco continue to steer its own ship.
Regards,
Ted
http://www.reuters.com/assets/print?aid=USKCN0HO0WL20140929

@BWG: Difference in the two funds:
Cash Position:
DSl: Less Than 1%
DBL: 20% (18% long-2% short)
Number of Bonds;
DSL 90%
DBL 99%
Regards,
Ted

FYI: (Click On Article Title At Top Of Google Search) Follow-Up Article:
Morningstar has dubbed DoubleLine Total Return fund "not ratable" despite its outperformance, amid bad blood with manager Jeffrey Gundlachs,
Regards,
Ted
https://www.google.com/search?newwindow=1&site=&source=hp&q=blood+fued&oq=blood+fued&gs_l=hp.3..0i10l10.1559.4701.0.5117.10.10.0.0.0.0.114.740.9j1.10.0....0...1c.1.54.hp..0.10.738.fSPOageAXDg
Mutual Fund Wire.Com Slant; http://www.mfwire.com/common/artprint2007.asp?storyID=49762&wireid=2

@msf: According to each funds website:
Vanguard Total Stock Market Index Fund has assets of $361.2 billion , while Pimco Total Return Bond Fund has $221.6 billion.
Regards,
Ted

FYI: DoubleLine Capital, an investment firm that has been a major rival of Pimco, saw between $400 million and $500 million of net inflows on Friday in the wake of Bill Gross' departure from Pimco, DoubleLine Chief Executive Officer Jeffrey Gundlach said on Monday.
Regards,
Ted
http://www.reuters.com/assets/print?aid=USKCN0HO1SN20140929

I own PASAX, which accounts for about 3.5% of my overall portfolio. I am currently watching as I have some long term capital gains in this fund as I have owned it for some time now. However, it is a fund-of-funds and if other Pimco funds are taking it on the chin, and begin to falter, this one most likely will too. If I see a price drop down to about five percent below its 52 week high them I am thinking strongly of letting it go and not waiting to read Morningstar under review take. It is currently trading at about 3.75% off its 52 week high and has a year-to-date gain of about 4.1% (I'll want to be out with some positive gain left).
Old_Skeet

Still no wage growth as skilled-worker shortage complaints rise
http://blogs.marketwatch.com/capitolreport/2014/09/29/still-no-wage-growth-as-skilled-worker-shortage-complaints-rise/
This is another piece of the puzzle for me and that inflation will not be an issue for awhile - years?
Wages aren't rising, yet food and energy prices are high. This is the opposite of the wealth effect (people spend because that feel good). People are fearful and are sucking up price increases - either from savings or debt.

Hi Ted and others:
Ted, thanks for posting the article on small caps. In my well diversified portfolio currently small cap funds make up about 15% of the growth area of my portfolio with mid caps making up about 25%. With this, that leaves about 60% to the large cap space.
Here is some interesting facts on my small/mid cap sleeve. It is currently 6.25% below its fifty two week high and has a TTM P/E Ratio of 17.4 with forward estimates at 16.3. It has a dividend yield of about 1.2%. and its year-to-date return is 2.3% as of Fridays’ market close.
Small/mid caps are drawing some of my attention and should my small/mid cap sleeve soon drop to about 7.5% below its fifty two week high ... Then, I’ll possibly add a little more to these positions. I did do a little buying last week in the small/mid cap space based on their recent weekness but now I am awaiting additional weakness before buying more and increasing them up to perhaps around 20% of the growth area.
Old_Skeet

While I like the column (especially his discussion of Gross' ill-fated, well-publicized wrong call on Treasuries), there are still a couple of errors in basic facts.
Vanguard has the largest mutual fund (Vanguard Total Stock Market Index), but Pimco Total Return Bond Fund at $221B (still, at least as of August) is far and away the largest bond fund. Vanguard's Total Bond Market Index Fund is a distant second at $122B. (Per M*). We'll have to see what the end of month figures show.
Given that boomers were born between 1946 and 1964, most saw their first real stock market losses of their adult lives not in 2000, but when the market plunged 22% on a single day in 1987 and the market lost 1/3 of its value in three months. But since Gross' Total Return Bond Fund had barely begun then (it started in Spring 1987), that loss wouldn't have advanced the storyline here.

One of the Best, thank You Vanguard....
Performance VGHCX More...
Expense; 0.35%
1 Yr +19.68
3 Yr +32.5
5 Yr* +27.75
10 Yr +12.69
*
Growth of 10,000 11,968 10,096 13,252 20,851 25,276 33,021 (10yr)

FYI: (Click On Article title At Top Of Google Search)
In the stock market right now, small isn't beautiful.
While blue chips are riding a bull market now in its fifth year, shares of small companies have struggled amid concerns over lofty prices and an early-year scare over U.S. growth.
Regards,
Ted
https://www.google.com/search?newwindow=1&site=&source=hp&q=small+caps+miss+out+wsj&oq=small+caps+miss+out+wsj&gs_l=hp.3...1938.9155.0.9657.23.22.0.1.1.0.189.1513.19j3.22.0....0...1c.1.54.hp..8.15.1058.6CHXCrJawjw

FYI: This weekend, thousands of institutional investors, financial advisors and wealth managers are faced with one of the most uncomfortable questions imaginable:
Do we need to fire Pimco?
Regards,
Ted
http://thereformedbroker.com/2014/09/28/do-we-need-to-fire-pimco/

@MFO Members: I recommend ignoring both Pimco and Janus, and try a little Fuss, or Gaffney.
Regards,
Ted

One might want to wait for Gaffney's ETMF (Eaton Vance Bond ETMF®) to come out and see what it looks like - it's in registration now.
To put it another way, don't make a gaff with a kneejerk reaction; one can afford to be a little fussy and take the time to select investments carefully.

I am a flagship holder at Vanguard and, in the past, they helped me get institutional shares of a mutual fund (front load) which helped me avoid paying the sales load and got me into the lowest OER. I may contact them tomorrow and see if I can get institutional shares of this Janus fund.

Good luck with that (seriously). I'd love to be proven wrong.
Vanguard is good at getting some institutional class funds at "reasonable" mins - for example, you can get PTTRX at $25K vs. $100K at some other brokerages (should you still want this :-)), but when I look at the Janus offerings at Vanguard, all I see are T class shares.

FYI:
Regards,
Ted
http://news.investors.com/photopopup.aspx?path=WEBmf0929.gif&docId=719314&xmpSource=&width=1000&height=703&caption=&id=719233

FYI: Health care mutual funds have outpaced the broad stock market in the past 15 years, with the pace of outperformance picking up in the past two years.
A $10,000 investment in the average health care fund on June 30, 1999, would have ballooned to $43,820 by Sept. 24, 2014, according to Morningstar Inc. data.
Regards,
Ted
http://license.icopyright.net/user/viewFreeUse.act?fuid=MTg1MDc5ODY=
Enlarged Graphic: http://news.investors.com/photopopup.aspx?path=WEBlv0926.gif&docId=719115&xmpSource=&width=981&height=1130&caption=&id=719116

http://www.marketwatch.com/story/feds-evans-sees-quite-some-time-before-first-rate-hike-2014-09-29?link=MW_home_latest_news
" Evans said in an interview on CNBC. While a rate hike next June is a "certainly a possibility," Evans said he thinks a little longer than the summer would be appropriate."