Dollar depreciation leads to higher inflation and ultimately forces foreign creditors to question their rationale and indeed their sanity for continuing purchases of U.S. Treasuries.

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.

Do 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.

I am tough but I have a soft side.

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

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

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.