Bill Gross buying muni bond funds with personal cash

[Swizzled]

 

No idea what to think about all of the headlines about looming defaults, but it is interesting to see someone with a lot of experience zigging when everyone else is zagging. 

 

http://valueinvestorcanada.blogspot.com/2010/12/bill-gross-buying-muni-bond-funds-with.html

[Myth465]

Why not wait until the collapse?

[ERICOPOLY]

I've been wondering what Berkshire will do here.  I figure Buffett partially tied his hands when he insured all those munis?  Can he load up as aggressively as he otherwise would have?

[ericd1]

I have been replacing the taxable and lower yielding bank preferreds in my basket with munis yielding ~10%-12% tax equivalent. Besides the high yield I believe there's 20%-30% upside in many well managed muni funds.

 

[Hawk4value]

Any suggestions on some well managed Muni Funds???