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
government-debt movement boat
With all this consumer debt, business debt, government debt, smaller movements in interest rates have a magnified effect. a small movement can tip the boat.
ideas portfolios oblivion
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.
growth want standpoint
Both from the standpoint of stocks and bonds, an investor wants to go where the growth is.
return equity expenses
Companies typically borrow money at less than their return on equity and therefore compound their return at the expense of lenders.
real vampire decay
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.
mean human-nature institutions
Human nature means that institutions at some point lose their sense of mission. That sense of vulnerability drives Pimco.
organization decision important
Finding the best person or the best organization to invest your money is one of the most important financial decisions you'll ever make.
moving differences odds
The market can move for irrational reasons, and you have to be prepared for that, ... you need to make big bets when the odds are in your favor -- not big enough to ruin you, but big enough to make a difference.
beginning below economy half lower move percent second signs starting
We're beginning to see some signs that the economy is starting to weaken in the second half of 1998, ... We're going to see 1 to 2 percent growth. If we see those numbers, then we can move down even lower below 5 1/2 percent on the long bond.
It is all about the price. It is the only thing that matters.
bring cost customer customers high lower works
This works because merchants have a high cost of customer acquisition, and we lower it, ... We bring them customers with their wallets open.
approach economy-and-economics evolution focused global secular
thoughtful, secular approach to the chairmanship, focused on the long-term evolution of the U.S. and the global economy.
easing economy effect fairly fed keeps market stock strong transmit wealth
As long as the stock market does what it does, and keeps going up, the wealth effect is going to transmit into a fairly strong U.S. economy and preclude the Fed from easing rates,
environment turn unstable
a very unstable environment which can turn any minute.