Jeffrey Gundlach, explaining why he named his firm DoubleLine Capital , compared running a fund to driving on a winding mountain road where a motorist mustn’t cross “the double line into the oncoming lane of risk,” Bloomberg writes.
So far, he’s proven to be a skillful driver.
His $41 billion DoubleLine Total Return Bond Fund returned a risk-adjusted 11 percent over the past three years, best among comparable funds run by managers such as Bill Gross of Pacific Investment Management Co. and Tad Rivelle of TCW Group Inc.
