Bill Gross

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 U.K. and almost all of Europe have erred in terms of believing that austerity, fiscal austerity in the short term, is the way to produce real growth. It is not. You've got to spend money. ”

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. ”

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. ”

If financial assets no longer work for you at a rate far and above the rate of true wealth creation, then you must work longer for your money. ”

When does money run out of time? The countdown begins when investable assets pose too much risk for too little return; when lenders desert credit markets for other alternatives such as cash or real assets. ”

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