Accountants, machinists, medical technicians, even software writers that write the software for “machines” are being displaced without upscaled replacement jobs.
BILL GROSSIf companies don’t know that they can run out of money, they won’t be thinking of ways not to run out of money.
More Bill Gross Quotes
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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.
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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.
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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.
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Whether a tops-down or bottoms-up investor in bonds, stocks, or private equity, the standard analysis tends to judge an investor or his firm on the basis of how the bullish or bearish aspects of the cycle were managed.
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Bernanke and company are trying to reflate the economy with almost stated objective of inflation at 2 percent and higher in order to provide some type of safety margin for a future recession. That’s where they want to go.
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People have different impressions of themselves, and where reality lies is somewhere in between.
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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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Bonds despite their ridiculous yields will not easily be threatened with a new bear market.
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Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.
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I would admit Im an introvert. I dont know why introverts have to apologize.
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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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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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Ex-Fidelity mutual fund manager Peter Lynch was certainly brilliant in one respect: he knew to get out when the gettin was good.
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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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Even if a country can print its own currency and write its own cheques.
BILL GROSS