Why is it possible to rescue S&L buccaneers in the early ’90s and provide guidance to levered Wall Street investment bankers during the 1998 long-term capital management crisis, yet throw 2 million homeowners to the wolves in 2007?
BILL GROSSYou know those adages about smelling the roses and chasing butterflies? The markets are my butterflies and my roses.
More Bill Gross Quotes
-
-
Pay per click was just the beginning. The real evolution is pay per action.
BILL GROSS -
When the tide goes out, you get to see who’s swimming naked. PIMCO has had its bathing suit on for a long time
BILL GROSS -
Ex-Fidelity mutual fund manager Peter Lynch was certainly brilliant in one respect: he knew to get out when the gettin was good.
BILL GROSS -
People have different impressions of themselves, and where reality lies is somewhere in between.
BILL GROSS -
If companies don’t know that they can run out of money, they won’t be thinking of ways not to run out of money.
BILL GROSS -
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.
BILL GROSS -
Even if a country can print its own currency and write its own cheques.
BILL GROSS -
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.
BILL GROSS -
Accountants, machinists, medical technicians, even software writers that write the software for “machines” are being displaced without upscaled replacement jobs.
BILL GROSS -
Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.
BILL GROSS -
I have a 41-year track record of investing excellence… what do you have?
BILL GROSS -
Damn inflation, full speed ahead,’ Greenspan has said in both action and word. I think an investor should believe him and invest accordingly.
BILL GROSS -
Whenever I read the newspaper, I say to myself, ‘At least my wife loves me.’
BILL GROSS -
Well, I, you know, I think at PIMCO we always try and be open with the press and the public. I mean, isn’t that what voters want from their politicians? Mohamed El-Erian, our CEO, writes several op-eds a week.
BILL GROSS -
Bonds despite their ridiculous yields will not easily be threatened with a new bear market.
BILL GROSS