Author: Bill Gross

Quotes

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

Ex-Fidelity mutual fund manager Peter Lynch was certainly brilliant in one respect: he knew to get out when the gettin' was good.

Ex-Fidelity mutual fund manager Peter Lynch was certainly brilliant in one respect: he knew to get out when the gettin' was good.

- Bill Gross

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

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

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

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