pimco total return

Bill Gross, the leading proponent of the "New Normal" -- the idea that stocks will return just 3% a year for the foreseeable future -- has been wrong over and over again. So why does anyone pay attention to his predictions?

Many retirement accounts are in tatters, but it turns out that a select few investing pros have produced exceptional gains -- in some cases more than 200 percent in cumulative returns -- over a most difficult decade.