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 GROSSRetrain, 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 GROSSDollar 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 GROSSBernanke 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 GROSSWe are witnessing the death of abundance and the borning of austerity, for what may be a long, long time.
BILL GROSSIn 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 GROSSEven if a country can print its own currency and write its own cheques.
BILL GROSSI would admit Im an introvert. I dont know why introverts have to apologize.
BILL GROSSWell, 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.
BILL GROSSDo 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 GROSSPay per click was just the beginning. The real evolution is pay per action.
BILL GROSSIf 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 GROSSWhenever I read the newspaper, I say to myself, ‘At least my wife loves me.’
BILL GROSSFinding the best person or the best organization to invest your money is one of the most important financial decisions you’ll ever make.
BILL GROSSAccountants, machinists, medical technicians, even software writers that write the software for “machines” are being displaced without upscaled replacement jobs.
BILL GROSSWith 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 GROSSI have a 41-year track record of investing excellence… what do you have?
BILL GROSS