Machines Won’t Push Humans Out of Finance, Billionaire Gundlach Says

  • Billionaire interviewed at Fixed Income Analysts Society event
  • DoubleLine’s CEO and Dana Emery of Dodge & Cox are honorees

Jeffrey Gundlach.

Photographer: Andrew Harrer/Bloomberg
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In the financial industry’s battle of humans versus machines, billionaire bond fund manager Jeffrey Gundlach is betting people will prevail.

“I don’t believe in machines taking over finance at all,” Gundlach, chief executive officer of DoubleLine Capital, said Thursday night in a cocktail-hour interview before his induction into the Fixed Income Analysts Society Inc.’s Hall of Fame.