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
fun home beer
When you're underperforming the index, you go home at night and cry in your beer," he said, adding: "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.
brilliant mutual-fund fidelity
Ex-Fidelity mutual fund manager Peter Lynch was certainly brilliant in one respect: he knew to get out when the gettin was good.
yield bears ridiculous
Bonds despite their ridiculous yields will not easily be threatened with a new bear market,
wall long bankers
Why is it possible to rescue S&L buccaneers in the early '90s and provide guidance to levered Wall Street investment bankers during the 1998 long-term capital management crisis, yet throw 2 million homeowners to the wolves in 2007?
judging analysis aspect
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.
real pay action
Pay per click was just the beginning. The real evolution is pay per action.
apologizing introvert knows
I would admit Im an introvert. I dont know why introverts have to apologize.
risk return lows
Be cautious and content with low positive returns in 2015. The time for risk taking has passed,
believe thinking action
Damn inflation, full speed ahead,' Greenspan has said in both action and word. I think an investor should believe him and invest accordingly.
butterfly chasing-butterflies rose
You know those adages about smelling the roses and chasing butterflies? The markets are my butterflies and my roses.
mean writing thinking
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.
world finance economy
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.
gdp growth debt
Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.
country writing growth
Bond investors want growth much like equity investors, and to the extent that too much austerity leads to recession or stagnation then credit spreads widen out - even if a country can print its own currency and write its own cheques.