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.
Bill GrossSlow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.
Bill GrossThe market can move for irrational reasons, and you have to be prepared for that, ... you need to make big bets when the odds are in your favor -- not big enough to ruin you, but big enough to make a difference.
Bill GrossBonds despite their ridiculous yields will not easily be threatened with a new bear market.
Bill Gross