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Value Talk - Center for Value Investing Alumni > General Category > Value Investing News > [VIN] Pennies from Heaven

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Author Topic: [VIN] Pennies from Heaven  (Read 40 times)
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« on: November 05, 2011, 08:00:02 AM »
Pennies from Heaven
 


     
   
 
By Bill Gross, CEO of PIMCO
Once interest rates inch close to zero and discounted future cash flows are elevated in price, it’s difficult to generate much more return if economic growth doesn’t...

   
           
                     
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