“I have a 41-year track record of investing excellence… what do you have?”

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.

A domain name is your address, your address on the Internet. We all have a physical address; we’re all going to need an address in cyberspace. They’re becoming increasingly important. I believe we’ll get to the point where when you’re born, you’ll be issued a domain name.

Companies typically borrow money at less than their return on equity and therefore compound their return at the expense of lenders.

Hawaii’s the 50th state? I thought it was a suburb of Guam.

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.

The one thing you can’t take away from me is the way I choose to respond to what you do to me. The last of one’s freedoms is to choose ones attitude in any given circumstance.

You know those adages about smelling the roses and chasing butterflies? The markets are my butterflies and my roses.

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.

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.

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.

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.

Whenever I read the newspaper, I say to myself, ‘At least my wife loves me.’

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.

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.

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.

I would admit Im an introvert. I dont know why introverts have to apologize.

In my grammar school years back in the 1920s I used my ten-cents-a-week allowance for Saturday matinees of Douglas Fairbanks movies. All that swashbuckling and leaping about in the midst of the sails of ships!

Martina and I went through a very bad five years. Everything’s very good between us now, but it was a long haul.

During the first 10 years of my life, while my parents were married, I enjoyed a privileged upbringing. After their divorce, my life was difficult.

It is defeat that lives on and takes the years to smother.

Those of us in the west have figured out a lot of ways to damage the lives of poor people in this country and around the world over the years.

We really are All One….this is the very philosophy that has kept me virtually anonymous in America for fifteen years.

One hundred years from now, we’ll all be dead. It’s hard to believe. One hundred years from now, everyone we see every day will be gone.

I was a street performer for two years.