Even if a country can print its own currency and write its own cheques.
BILL GROSSAccountants, machinists, medical technicians, even software writers that write the software for “machines” are being displaced without upscaled replacement jobs.
More Bill Gross Quotes
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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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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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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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Accountants, machinists, medical technicians, even software writers that write the software for “machines” are being displaced without upscaled replacement jobs.
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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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Whenever I read the newspaper, I say to myself, ‘At least my wife loves me.’
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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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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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I have a 41-year track record of investing excellence… what do you have?
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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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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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Pay per click was just the beginning. The real evolution is pay per action.
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People have different impressions of themselves, and where reality lies is somewhere in between.
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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