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 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
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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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Accountants, machinists, medical technicians, even software writers that write the software for “machines” are being displaced without upscaled replacement jobs.
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I would admit Im an introvert. I dont know why introverts have to apologize.
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Bonds despite their ridiculous yields will not easily be threatened with a new bear market.
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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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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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We are witnessing the death of abundance and the borning of austerity, for what may be a long, long time.
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Pay per click was just the beginning. The real evolution is pay per action.
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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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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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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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People have different impressions of themselves, and where reality lies is somewhere in between.
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Well, I, you know, I think at PIMCO we always try and be open with the press and the public. I mean, isn’t that what voters want from their politicians? Mohamed El-Erian, our CEO, writes several op-eds a week.
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Whenever I read the newspaper, I say to myself, ‘At least my wife loves me.’
BILL GROSS