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.

Republicans like to accuse Democrats of trying to 'pick winners and losers.' They say we should run government 'like a business' and let 'the market' decide important matters. When it comes to the declining fortunes of dirty fuels like coal, however, they quickly they abandon these principles.

Political correctness? In my humor, I never talk about politics. I was never much into all that.

Money cannot buy happiness.

I don't want to get on the treadmill of earning more money. I'd rather live cheaply and allow myself more freedom. I can honestly say I've never taken a film just for the dough, although I've made some ghastly mistakes.