While I've been a fan of Jeff Gundlach for some time, regular listeners to my podcast, which likely includes Gundlach himself, know that its always bothered me that he has a habit of repeating analogies that he's heard me use without ever giving me credit for having used them first. At one point some of his Twitter followers called him out on this, prompting me to agree. That resulted in Gundlach blocking me on Twitter. This week Gundlach did it again. He stole one of my signature analogies almost verbatim and claimed it as his own. I first used the analogy in a 2005 commentary (see the link to read it for yourself) and later included in my 2007 book Crash Proof. It then became a staple my earlier economic talks, such a 2006 Money Show presentation, as well as my 2006 Mortgage Bankers speech, which became one of my most-watched Youtube video. Decided for yourself. Watch Gundlach use an analogy this week that he claimed to have come up with himself. Then watch two examples of me using the identical analogy fifteen years earlier! Is this just a coincidence or did Gundlach take credit for my analogy?
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He's also the author of the bestselling books: Crash Proof 2.0, The Little Book of Bull Moves in Bear Markets:, and The Real Crash: America's Coming Bankruptcy - How to Save Yourself and Your Country
.
Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications from around the world In 2013, he was named "Money Manager of the Year" by Institutional Investor. He is a graduate of Dartmouth College summa cum laude holding a BA in Mathematics and Philosophy. He attended Yale University as a PhD candidate in Mathematics.