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
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Bonds as an asset class will always be needed, and not just by insurance companies and pension funds but by aging boomers.
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The real boss in the family is my wife. She didn't want me hanging around the house all day and said, 'You don't want to retire; you'll regret it.' So I listened to her.
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In terms of economic growth, PIMCO originated the famous phrase the 'new normal.'
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I always thought of myself as being part of a family and sharing and, yes, leading, but not forcing people to do anything.
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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.
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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.
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When you have kidney stones, you don't give much of a damn about the view,
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Without a blockbuster of a program in his second term it is unlikely that Bush can go very far in the history books on the back of a paltry 3 or 4 percentage point tax cut for the rich.
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What the Obama administration's policies have really been oriented towards have always been towards providing benefits continuing consumption. What this country needs really is a policy which stresses investments.
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Americans now know that housing prices can go down and they can go down by 10, 20, 30, and in some cases, 40 or 50 percent. We know they can go down. But five years ago, we thought they could only go up.
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This works because merchants have a high cost of customer acquisition, and we lower it, ... We bring them customers with their wallets open.
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If the economy slows down, if housing moves back down, then at some point late in 2006 the Fed starts to lower rates. That's why a 10-year note yield at 4.55 percent is a decent value as opposed to overvalued.
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thoughtful, secular approach to the chairmanship, focused on the long-term evolution of the U.S. and the global economy.
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What we're doing is kind of expanding upon the neighbor concept.