Jeffrey Gundlach Biography-Wiki
Jeffrey Gundlach is the founder of DoubleLine Capital LP, an investment firm. Born on October 30, 1959, Jeffrey Edward Gundlach the American businessperson was formerly the head of the $9.3 billion TCW Total Return Bond Fund.
Born and raised in the USA his father was a chemist for Pierce and Stevens Chemical Corp. Gundlach graduated summa cum laude in math and philosophy in 1981 From Dartmouth College. Summa cum laude is an honorary title used by educational institutions to signify a degree that was earned “with the highest distinction.” Summa cum laude is the highest distinction of three commonly used types of Latin honors recognized in the United States.
Gundlach founded Doubleline, along with Philip Barach and 14 other members of Gundlach’s senior staff from TCW shortly after his firing from TCW. Gundlach was quoted on CNBC that “Munis Are The New Subprimeon March 9, 2011 “You’ve got a history of low defaults, which is comforting. But that kind of sounds like what subprime sounded like back in 2006,” Gundlach said.
Gundlach pointed out that even if defaults do not ultimately climb as high as critics like Meredith Whitney have warned, muni bonds will likely trade much lower. “Between here and the end game, lies the valley. And the valley is full of fear. I think the muni market is going to go down by at least, on the long end, something like 15 and 20 percent,” he said.
Jeffrey Gundlach Age|Birthday
How old is Jeff Gundlach? Born on October 30, 1959, Jeffrey is 60 years of age. Gundlach celebrates his birthday on October 30, 1959, and will turn 61 years on his birthday in 2020.
Jeffrey Gundlach Height And Body Weight
He stands at a fair height and has a fair body weight to match his height. Details regarding his exact measurements are still under investigation and we will update when accurate information is available.
Jeffrey Gundlach Education
Gundlach graduated summa cum laude in math and philosophy in 1981 From Dartmouth College. Summa cum laude is an honorary title used by educational institutions to signify a degree that was earned “with the highest distinction.” Summa cum laude is the highest distinction of three commonly used types of Latin honors recognized in the United States.
Jeffrey Gundlach Family
His mother is Carol Gundlach. Carol is a Policy Analyst at Arise Citizens Policy Project. Arise Citizens Policy Project is a public policy company based out of P.O. Box 612, Montgomery, Alabama, United States.
His father Arthur E. Gundlachdied in 2013.
Jeffrey Gundlach Wife
He was married to Nancy Draper.
Jeffrey Gundlach Networth
How much is Jeffrey Gundlach worth? Jeffrey has an estimated Net worth of 2.1 billion USD.
Jeffrey Gundlach Market
Jeffrey Gundlach, CEO of DoubleLine, said Monday that the stock market could sell off again to retest the low in March as he believes investors are too optimistic about the economic recovery from the coronavirus pandemic.
“I’m certainly in the camp that we are not out of the woods. I think a retest of the low is very plausible,” Gundlach said on CNBC’s “Halftime Report.” “I think we’d take out the low.”
“People don’t understand the magnitude of … the social unease at least that’s going to happen when … 26 million-plus people have lost their job,” Gundlach said. “We’ve lost every single job that we created since the bottom in 2009.”
The so-called bond king revealed he just initiated a short position against the stock market.