Ex-Fidelity mutual fund manager Peter Lynch was certainly brilliant in one respect: he knew to get out when the gettin' was good.

Finding the best person or the best organization to invest your money is one of the most important financial decisions you'll ever make.

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.

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.

With all this consumer debt, business debt, government debt, smaller movements in interest rates have a magnified effect. a small movement can tip the boat.

Whenever I read the newspaper, I say to myself, 'At least my wife loves me.'

We are witnessing the death of abundance and the borning of austerity, for what may be a long, long time.

I have a 41-year track record of investing excellence… what do you have?

Human nature means that institutions at some point lose their sense of mission. That sense of vulnerability drives Pimco.

You know those adages about smelling the roses and chasing butterflies? The markets are my butterflies and my roses.

Both from the standpoint of stocks and bonds, an investor wants to go where the growth is.

Guns are dangerous and damaging even when no one gets shot. They really do loom.

All of you here have one hundred thousand bad drawings in you. The sooner you get rid of them, the better it will be for everyone.

It seems people spend the majority of their lives believing they're dying, with the only consolation being that at one point they get to be right.

What's interesting is that when you get into the post-war period, many of the narratives in books and movies conclude that if you killed Hitler, you're actually going to make history worse.

Imagination is more robust in proportion as reasoning power is weak.

Fix me up with a mannequin, just remember I like blondes. I'll be the life of the party, even when I'm dead and gone.

Give me the whole world to run and then I'll be happy. If tomorrow I was told I had to sort out the whole world's problems I'd sleep like a baby.

I wasn't being critical of myself in the way I can normally be, and I was letting myself follow through with stuff. It was like a prolonged spontaneity.

We told them this morning and I think they (reacted) like you would expect. It was a surprise and the reality of this is very sobering for everybody. I don't take this lightly at all not at all.

Bias and prejudice make me angry...more than anything.