Author: Bill Gross

Quotes

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.

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.

- Bill Gross

If financial assets no longer work for you at a rate far and above the rate of true wealth creation, then you must work longer for your money.

If financial assets no longer work for you at a rate far and above the rate of true wealth creation, then you must work longer for your money.

- Bill Gross

In terms of economic growth, PIMCO originated the famous phrase the 'new normal.'

In terms of economic growth, PIMCO originated the famous phrase the 'new normal.'

- Bill Gross

Human nature means that institutions at some point lose their sense of mission. That sense of vulnerability drives Pimco.

Human nature means that institutions at some point lose their sense of mission. That sense of vulnerability drives Pimco.

- Bill Gross

Companies typically borrow money at less than their return on equity and therefore compound their return at the expense of lenders.

Companies typically borrow money at less than their return on equity and therefore compound their return at the expense of lenders.

- Bill Gross

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