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. Bill Gross Read Quote
I am obsessed with delivering value to investors and winning the game from a personal standpoint. Bill Gross Read Quote
In terms of economic growth, PIMCO originated the famous phrase the ‘new normal.’ Bill Gross Read Quote
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. Bill Gross Read Quote
You know those adages about smelling the roses and chasing butterflies? The markets are my butterflies and my roses. Bill Gross Read Quote
I always thought of myself as being part of a family and sharing and, yes, leading, but not forcing people to do anything. Bill Gross Read Quote
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 Read Quote
Accountants, machinists, medical technicians, even software writers that write the software for ‘machines’ are being displaced without upscaled replacement jobs. Retrain, rehire into higher paying and value-added jobs? That may be the political myth of the modern era. There aren’t enough of those jobs. Bill Gross Read Quote
Obama/Romney, Romney/Obama – the most important election of our lifetime? Fact is they’re all the same – bought and paid for with the same money. Ours is a country of the SuperPAC, by the SuperPAC, and for the SuperPAC. Bill Gross Read Quote
Well, I, you know, I think at PIMCO we always try and be open with the press and the public. I mean, isn’t that what voters want from their politicians? Mohamed El-Erian, our CEO, writes several op-eds a week. Bill Gross Read Quote
