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
benign inflation
We think that inflation will be benign and may come down from these levels.
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.
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.
changes radically
This radically changes advertising. It makes it much more accountable.
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.
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.
mean human-nature institutions
Human nature means that institutions at some point lose their sense of mission. That sense of vulnerability drives Pimco.
return equity expenses
Companies typically borrow money at less than their return on equity and therefore compound their return at the expense of lenders.
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.
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.
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.
wife wives-love newspapers
Whenever I read the newspaper, I say to myself, 'At least my wife loves me.'
years track excellence
I have a 41-year track record of investing excellence… what do you have?
lying reality people
People have different impressions of themselves, and where reality lies is somewhere in between.