Ex-Fidelity mutual fund manager Peter Lynch was certainly brilliant in one respect: he knew to get out when the gettin was good.
BILL GROSSWhether 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.
More Bill Gross Quotes
-
-
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 -
Companies typically borrow money at less than their return on equity and therefore compound their return at the expense of lenders.
BILL GROSS -
I have a 41-year track record of investing excellence… what do you have?
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 -
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 -
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.
BILL GROSS -
Whenever I read the newspaper, I say to myself, ‘At least my wife loves me.’
BILL GROSS -
We are witnessing the death of abundance and the borning of austerity, for what may be a long, long time.
BILL GROSS -
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.
BILL GROSS -
Bonds despite their ridiculous yields will not easily be threatened with a new bear market.
BILL GROSS -
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.
BILL GROSS -
Accountants, machinists, medical technicians, even software writers that write the software for “machines” are being displaced without upscaled replacement 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 -
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 -
I would admit Im an introvert. I dont know why introverts have to apologize.
BILL GROSS