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.

It's sort of like a teeter-totter; when interest rates go down, prices go up.

People have different impressions of themselves, and where reality lies is somewhere in between.

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

The glory that goes with wealth is fleeting and fragile; virtue is a possession glorious and eternal.

Great wealth took possession of the government. It was reflected in Mr. Harding's selection of a cabinet.

Life is a game. Money is how we keep score.

Cherish your mistakes, and you won't keep making them over and over again. It's the same with heartbreaks and girls and everything else. Cherish them, and they'll put some wealth in you.