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Pimco’s Bill Gross on dead cat, Bieber and how sneezing is half erotic

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Perhaps Wall Street Journal reporter Scott Patterson said it best when he tweeted in June: “Something weird is going on with Bill Gross.”

Patterson was attending an investor conference in Chicago, where Gross -- the colorful co-founder of Newport Beach asset manager Pimco -- took to the stage in sunglasses and compared himself to Justin Bieber, among other odd behavior. He also instructed reporters to say: “Bill Gross is the kindest, bravest, warmest most wonderful human being you’ve met.”

A legendary bond investor who was widely known as the Bond King, Gross, 70, abruptly resigned from Pimco on Friday; the firm was reportedly preparing to fire him.

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Tales of eccentric behavior have dogged Gross for years. To see some of his wackiness, look no further than the numerous investor letters he penned and posted online.

Some highlights:

-- On sneezing: “There’s nothing like a good sneeze; maybe a hot shower or an ice cream sandwich, but no -- nothing else even comes close,” Gross wrote in May. “A sneeze is, to be candid, sort of half erotic, a release of pressure that feels oh so good either before or just after the Achoo! The air, along with 100,000 germs, comes shooting out of your nose faster than a race car at the Indy 500.”

-- In April, Gross wrote an investment outlook titled “Bob,” and devoted much of the 1,700-word letter to his recently deceased Maine Coon cat (who, interestingly, was female).

“What a girl, what a kitty girl that Bob,” he wrote, after sharing stories of Bob watching him enter and exit the shower. (“Why was a female cat named Bob checking me out all the time?” he wondered.)

He ended the investment letter with: “And what would Bob have meowed? Well, like I wrote, she was always more certain about pet food stocks, but then maybe kitty heaven has given her some additional insight. I shall have to ask her in my dreams. Sometimes dreams come true you know.”

-- Gross apparently doesn’t own a cellphone. “Our modern age is becoming more virtual than physical, which I find increasingly depressing if only because I’ve failed to keep pace,” he wrote in June. “I’m sticking with live chirping as opposed to Angry Birds for now.”

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-- On his hatred of crows: “They screech, they jabber, they complain from the treetops and then once on the ground they hop, hop, hop all over the street looking for garbage. Flying seems beyond them -- too much effort to flap those ebony wings. They prefer to play chicken with my car rolling into the driveway at 5 mph. ‘Get out of my way,’ they seem to be saying. ‘We’re probably on the endangered species list and if you hit us, you’re the one that’ll be sorry.’ Probably true – damn crows.”

-- Last month Gross recalled a nighttime taxicab ride he took in San Francisco: “The driver appeared to be Vietnamese, and having had a margarita or two, I unfortunately stumbled into the emotional jungles of Vietnam to which I had come, and from which I had safely departed nearly a half century ago. ‘You’re Vietnamese,’ I said, ‘how old are you?’ ‘53,’ he said. ‘I grew up in Da Nang and escaped when I was 8 with my mother, after my father and older brother were killed.’

-- On Cracker “Jacks”: “That’s right -- I said Cracker Jacks! I can’t count the number of people who have told me during the seventh inning stretch at a baseball game to make sure I sing Cracker Jack (without the S) because that’s what the song says. I care not. No one ever says buy me some ‘potato chip’ or some ‘peanut.’ How about a burger and some ‘french fry?’ In all cases, the ‘s’ just makes it flow better. My reality is a box of Cracker Jacks.”

Twitter: Andrea Chang

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