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
chaotic cheap either financial foreign higher lower pay perhaps rising spending standard
Either way, ... we pay the price: higher import costs, a cutback in spending on cheap foreign goods, rising inflation, perhaps chaotic financial markets, a lower standard of living.
damn kidney
When you have kidney stones, you don't give much of a damn about the view,
books bush cut far history paltry percentage point program second tax term unlikely
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.
benign inflation
We think that inflation will be benign and may come down from these levels.
bubbles created debt environment past point potential risk several turn unstable
Too much debt, geopolitical risk and several bubbles have created a very unstable environment which can turn any minute, ... More than any point in the past 20 or 30 years, there's potential for a reversal.
beginning extent months negative outlook
To the extent that they're at the beginning of their cycle, much as we were 12 months ago, that suggests a negative outlook for their bonds.
rates
It's sort of like a teeter-totter; when interest rates go down, prices go up.
delivering investors obsessed personal
I am obsessed with delivering value to investors and winning the game from a personal standpoint.
bonds companies funds insurance pension
Bonds as an asset class will always be needed, and not just by insurance companies and pension funds but by aging boomers.
boss family hanging house listened
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.
economic famous originated phrase terms
In terms of economic growth, PIMCO originated the famous phrase the 'new normal.'
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.