Bill Gross Quotes

I thought if we could put our hard-working culture as traders into the asset management, it will be a great combination, and we did do that.

The actions of hedge fund managers in exercising their fiduciary responsibilities to their investors is not the reason why Chrysler is in jeopardy.

In our view, derivatives are financial weapons of mass destruction carrying dangers that, while latent, are potentially lethal.

Investors need to get rewarded for their investment, especially in unstable countries.

Do we have to regulate derivatives? Yes, we do. 'Cause when I did this in my investments, frankly, no one knew who could pay who. But derivatives have an important place in our economy.

There's a tendency to look at investments in isolation. Investors focus on the risk of individual securities.

The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market.

Maybe we should teach schoolchildren probability theory and investment risk management.

A financial crisis is a great time for professional investors and a horrible time for average ones.

I invested in many companies, and I'm happy this one worked. This is capitalism. You invest in stock, it goes up, it goes down. You know, if you don't like capitalism, you don't like making money with stock, move to Cuba or China.

I could never gamble on stocks and shares because I saw my father get hurt that way - he lost quite a lot of money when the stock market collapsed in 2001.

If I finance a bank and I know if the bank will get in trouble, I will be hit and I will lose money, I will put a price on that.

I caught hold of the great bull market in soybeans in 1977. I had no idea what I was doing, incidentally.

Investing is a business where you can look very silly for a long period of time before you are proven right.

Investors have few spare tires left. Think of the image of a car on a bumpy road to an uncertain destination that has already used up its spare tire. The cash reserves of people have been eaten up by the recent market volatility.

Any Wall Street advertising that does not go into the boring details of methodology is most likely to be pushing past performance.

Let's take a timeout. Let's allow investors the opportunity in a period of market calm to re-examine what's happened and to deploy new strategies into the marketplace.

Stock prices relative to company assets are no better at signaling the likelihood of future earnings growth than they were the day the Titanic sank, and risk management is a good deal worse.

Uncertainty about sales impedes business planning and could harm capital formation just as much as uncertainty about inflation can create uncertainty about relative prices and harm business planning.

There are a lot of idiot fund managers out there who add no value to the process at all.

You can make great money in a utility type of business by borrowing cheaply and lending sensibly but that's not what's being done.

The government can’t guarantee that you should earn profit from your investments.

The markets were run by mathematicians and their models but they had no business sense.

There are two times in a man's life when he should not speculate [on the Stock Market]: when he can't afford it, and when he can.

There is enourmous pressure in the investment business to deliver good news. Good news sells better ….To go out there in a bubble and talk about overpriced markets is an invitation to get fired.