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.
Bill GrossDo you really like a particular stock? Put 10% or so of your portfolio on it. Make the idea count … Good [investment] ideas should not be diversified away into meaningless oblivion.
Bill GrossCompanies typically borrow money at less than their return on equity and therefore compound their return at the expense of lenders.
Bill GrossBe cautious and content with low positive returns in 2015. The time for risk taking has passed.
Bill Gross