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.

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.

The world is not your enemy

To think freely--you and only you can liberate yourself from the conformity of your society.

Don't overthink things. Sometimes you can convince your head not to listen to your heart. Those are the decisions you regret for the rest of your life." Faith Barnett From Texas Tangle

It is never prudent to bury our heads in the sand when in distress or faced with adversity

You have to let it all hang out, let go of the ideas that were more comfortable and embrace some of the sadness in your life.

Uncertainty is the worst of all evils until the moment when reality makes us regret uncertainty.

If you are ever drowned or hung, be sure and make a note of your sensations.

It is not enough that we are truthful; we must cherish and carry out high purposes to be truthful about.

People are essentially red meat. They are.

Always believe in yourself. No matter who's around you being negative or thrusting negative energy at you, totally block it off. Because whatever you believe, you become.