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Thursday, May 26, 2011

Gundlach's Presentation Draws Buzz

News summary by MFWire's editors

DoubleLine CEO Jeff Gundlach's opening slide at his presentation at a New York conference on Wednesday has caught the attention of Wall Street Journal blogs and the online Wall Street tabloid DealBreaker, among others.

For his talk at the Ira Sohn conference, Gundlach picked Pablo Picasso's "Les Demoiselles d’Avignon," a painting that shows five prostitutes, to open his presentation entitled "Investment Cubism."

His choice of artwork triggered this DealBreaker headline: "Jeff Gundlach Just Kicked Off His Ira Sohn Presentation With a Slide of This Painting."

For its part, the WSJ Deal Journal blog reports that: "Mr. Gundlach opened with an analysis of a Pablo Picasso painting, and arguing that investments should be thought of as a composite picture rather than a single investing idea. He walked through some of the government options to solve the debt problem, as well as some of the rancorous public opinion surrounding the political solutions."

Later, Gundlach showed an Andy Warhol work and wrapped up his talk by showing a Piet Mondrian painting.

The WSJ MarketBeat blog also covered Gundlach's presentation. 

Edited by: Armie Margaret Lee

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