With all this consumer debt, business debt, government debt, smaller movements in interest rates have a magnified effect. a small movement can tip the boat.
BILL GROSSEx-Fidelity mutual fund manager Peter Lynch was certainly brilliant in one respect: he knew to get out when the gettin was good.
More Bill Gross Quotes
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Dollar depreciation leads to higher inflation and ultimately forces foreign creditors to question their rationale and indeed their sanity for continuing purchases of U.S. Treasuries.
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When the tide goes out, you get to see who’s swimming naked. PIMCO has had its bathing suit on for a long time
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In questioning initially whether I am a great investor, I open the door to question whether other similarly esteemed public icons like Bill Miller are as well.
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Whenever I read the newspaper, I say to myself, ‘At least my wife loves me.’
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Even if a country can print its own currency and write its own cheques.
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The market can move for irrational reasons, and you have to be prepared for that, … you need to make big bets when the odds are in your favor — not big enough to ruin you, but big enough to make a difference.
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Bond investors are the vampires of the investment world. They love decay, recession – anything that leads to low inflation and the protection of the real value of their loans.
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Companies typically borrow money at less than their return on equity and therefore compound their return at the expense of lenders.
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You know those adages about smelling the roses and chasing butterflies? The markets are my butterflies and my roses.
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Bonds despite their ridiculous yields will not easily be threatened with a new bear market.
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Do you really like a particular stock? Put 10% or so of your portfolio on it. Make the idea count … Good [investment] ideas should not be diversified away into meaningless oblivion.
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I have a 41-year track record of investing excellence… what do you have?
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Finding the best person or the best organization to invest your money is one of the most important financial decisions you’ll ever make.
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Retrain, rehire into higher paying and value-added jobs? That may be the political myth of the modern era. There aren’t enough of those jobs.
BILL GROSS -
We are witnessing the death of abundance and the borning of austerity, for what may be a long, long time.
BILL GROSS