Bill Gross
Bill Gross
William Hunt "Bill" Grossis an American financial manager and author. He co-founded Pacific Investment Management. Gross also ran PIMCO's $270.0 billion Total Return Fund. Gross left Pimco to join Janus on September 26, 2014...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth13 April 1944
CountryUnited States of America
family people
I always thought of myself as being part of a family and sharing and, yes, leading, but not forcing people to do anything.
beneficial certainly currency decent employment financial markets versus
Favouring employment versus the financial markets is a decent policy; certainly not beneficial for the currency or the gilt market, but beneficial for the people.
bring clients money pay soft
My clients don't pay me to feel sorry; they pay me to bring them money. I am tough, but I have a soft side.
continue dollar foreigners sell
Foreigners have and will continue to sell the dollar and U.S. investments.
almost dividends equity excess high obtain race return returns start stocks
Stocks historically return more than almost all other alternative investments but only when priced right when the race begins, ... If you start from day one with P/Es too high or, importantly, dividends too low, you will not obtain equity returns in excess of bonds.
cliff december faster fiscal january less perhaps rate stimulate
It's going to be difficult to stimulate the real economy in the U.S. at a faster rate than 2 percent and perhaps even less if we have that fiscal cliff in December or January 2013.
areas assets avoidance begin bond bullish carries combined curve dominate finally greenspan high include therefore towards
A bullish orientation towards the front-end of the curve therefore should begin to dominate bond strategies, combined with an avoidance of anything that carries those low-risk premiums that Greenspan finally diagnosed, ... Those assets include real estate, equities, high yield, corporate, and some areas of emerging-market debt.
areas mortgage
It's just that other areas are more attractive, such as the mortgage market,
attention draw
I try to draw attention to where we were before the hurricane,
inflation view views
I view him favorably, especially his views on inflation targeting,
bonds government price recession slower suffers
That is not to say that long government bonds won't go up in price if the 'system' suffers some elimination, slower growth, or to be frank, a recession in 2006,
economy economy-and-economics slower telling
It is telling us that we have a slower economy ahead.
capital confidence depends fact financed foundation machine money outside survival unlike vulnerable
The fact is that GE is a conglomerate financed by a money machine -- its subsidiary GE Capital -- but, unlike Berkshire Hathaway, its foundation is vulnerable because its survival depends upon the confidence of outside investors,
expanding neighbor
What we're doing is kind of expanding upon the neighbor concept.