Companies typically borrow money at less than their return on equity and therefore compound their return at the expense of lenders.
BILL GROSSPay per click was just the beginning. The real evolution is pay per action.
More Bill Gross Quotes
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I would admit Im an introvert. I dont know why introverts have to apologize.
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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.
BILL GROSS -
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.
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 -
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 -
Pay per click was just the beginning. The real evolution is pay per action.
BILL GROSS -
When you’re underperforming the index, you go home at night and cry in your beer. It’s not fun, but who said this business should be fun. We’re too well paid to hang our heads and say boo hoo.
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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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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 -
Imperceptibly, the developed world’s manufacturing base was gradually eroding and being replaced by securitized finance that destroyed itself and nearly its economies in 2008.
BILL GROSS -
We are witnessing the death of abundance and the borning of austerity, for what may be a long, long time.
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Accountants, machinists, medical technicians, even software writers that write the software for “machines” are being displaced without upscaled replacement jobs.
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Whenever I read the newspaper, I say to myself, ‘At least my wife loves me.’
BILL GROSS -
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 GROSS -
Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.
BILL GROSS