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.
BILL GROSSWhenever I read the newspaper, I say to myself, ‘At least my wife loves me.’
More Bill Gross Quotes
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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.
BILL GROSS -
Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.
BILL GROSS -
Ex-Fidelity mutual fund manager Peter Lynch was certainly brilliant in one respect: he knew to get out when the gettin was good.
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 -
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 the tide goes out, you get to see who’s swimming naked. PIMCO has had its bathing suit on for a long time
BILL GROSS -
Accountants, machinists, medical technicians, even software writers that write the software for “machines” are being displaced without upscaled replacement jobs.
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 -
Bonds despite their ridiculous yields will not easily be threatened with a new bear market.
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 -
I have a 41-year track record of investing excellence… what do you have?
BILL GROSS -
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.
BILL GROSS -
People have different impressions of themselves, and where reality lies is somewhere in between.
BILL GROSS -
You know those adages about smelling the roses and chasing butterflies? The markets are my butterflies and my roses.
BILL GROSS