Be cautious and content with low positive returns in 2015. The time for risk taking has passed.

Pay per click was just the beginning. The real evolution is pay per action.

When you're underperforming the index, you go home at night and cry in your beer. It's not fun, but who said this business should be fun. We're too well paid to hang our heads and say boo hoo.

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.

I would admit Im an introvert. I dont know why introverts have to apologize.

Bond investors are the vampires of the investment world. They love decay, recession - anything that leads to low inflation and the protection of the real value of their loans.

If companies don't know that they can run out of money, they won't be thinking of ways not to run out of money.