Jun 13, 2019
Gundlach Dubs Biden ‘Jurassic Joe,’ Says He Won’t Win Nomination
, Bloomberg News
(Bloomberg) -- Jeffrey Gundlach has a nickname for the Democratic presidential front-runner: “Jurassic Joe.”
The billionaire investor took aim at Joe Biden on Thursday, saying the candidate won’t win his party’s nomination.
“He’s been running for president for 32 years,” Gundlach said on a webcast for his DoubleLine Total Return Bond Fund. “Over that 32-year-period he’s amassed exactly zero delegates.” Biden ran for president twice before.
The 76-year-old former vice president is a politician from a bygone era, Gundlach said, placing Biden in the Jurassic period, when dinosaurs roamed the Earth. He said the nickname wasn’t a reference to Biden’s age but rather his tenure in politics.
Gundlach, who often comments on politics, predicted that Donald Trump would win the presidency.
--With assistance from Andrew Dunn and John Gittelsohn.
To contact the reporters on this story: Alan Mirabella in New York at amirabella@bloomberg.net;Melissa Karsh in New York at mkarsh@bloomberg.net
To contact the editors responsible for this story: Margaret Collins at mcollins45@bloomberg.net, Vincent Bielski
©2019 Bloomberg L.P.
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