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
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.
swimming long naked
When the tide goes out, you get to see who's swimming naked. PIMCO has had its bathing suit on for a long time
running thinking way
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.
order safety trying
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.
long may austerity
We are witnessing the death of abundance and the borning of austerity, for what may be a long, long time.
dollars sanity creditors
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.
lying reality people
People have different impressions of themselves, and where reality lies is somewhere in between.
years track excellence
I have a 41-year track record of investing excellence… what do you have?
wife wives-love newspapers
Whenever I read the newspaper, I say to myself, 'At least my wife loves me.'