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 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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Bonds despite their ridiculous yields will not easily be threatened with a new bear market.
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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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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.
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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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People have different impressions of themselves, and where reality lies is somewhere in between.
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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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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?
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Whenever I read the newspaper, I say to myself, ‘At least my wife loves me.’
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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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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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Pay per click was just the beginning. The real evolution is pay per action.
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I would admit Im an introvert. I dont know why introverts have to apologize.
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Even if a country can print its own currency and write its own cheques.
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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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Accountants, machinists, medical technicians, even software writers that write the software for “machines” are being displaced without upscaled replacement jobs.
BILL GROSS