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“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 H. Gross
“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 H. Gross
“Ex-Fidelity mutual fund manager Peter Lynch was certainly brilliant in one respect: he knew to get out when the gettin’ was good.”Bill H. Gross
Bill Gross Short Biography
Born on 13 April 1944 in Middletown, Ohio, the U.S., William Hunt Gross (commonly known as Bill H. Gross aka the Bond King) is a legendary American Bond investor and a self-made billionaire who co-founded the biggest global fixed income investment company, Pacific Investment Management Company (PIMCO) back in 1971.
Through PIMCO, Bill Gross became known as a superstar bond fund manager. Nicknamed the Bond King.
Later in his career, Gross experienced turbulent times before finally retiring in 2019:
- In September 2014, Gross uprooted and left PIMCO to manage Janus Capital Group’s smaller fund (now Janus Henderson).
- In 2015, Bill Gross sued PIMCO for wrongful dismissal. The case was settled for $81 million in 2017, which went to the Sue and Bill Gross Foundation.
- In 2016, Sue, Gross’s wife of 31 years, filed for divorce, and walked away with over $1 billion.
- Where Bill Gross’ Big Bet Went Wrong, And What It Teaches Us – Forbes
- The War of The Grosses: Inside the Bitter Divorce Battle of the Laguna Beach “Bond King” – Town & Country
- Bill Gross, once Wall Street’s ‘Bond King,’ retires after rocky second act – Reuters
- ‘Bond king’ Bill Gross never lost his investing crown – Market Watch
Here are the best Bill Gross quotes so you can be humble enough to learn from your mistakes and move forward fearlessly without being suck into an infinite loop of grieving or regretting.
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