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. ”

Whenever I read the newspaper, I say to myself, 'At least my wife loves me.' ”

I always thought of myself as being part of a family and sharing and, yes, leading, but not forcing people to do anything. ”

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. ”

I am tough but I have a soft side. ”

Bonds as an asset class will always be needed, and not just by insurance companies and pension funds but by aging boomers. ”

Whether a tops-down or bottoms-up investor in bonds, stocks, or private equity, the standard analysis tends to judge an investor or his firm on the basis of how the bullish or bearish aspects of the cycle were managed. ”

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. ”

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

In questioning initially whether I am a great investor, I open the door to question whether other similarly esteemed public icons like Bill Miller are as well. It seems, perhaps, that the longer and longer you keep at it in this business the more and more time you have to expose your Achilles heel - wherever and whatever that might be. ”