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

Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.

When the tide goes out, you get to see who's swimming naked. PIMCO has had its bathing suit on for a long time

We are witnessing the death of abundance and the borning of austerity, for what may be a long, long time.

I am tough but I have a soft side.

I have a 41-year track record of investing excellence… what do you have?

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.