Even though the risks far outweigh the rewards, very bright people do it, Buffett says. The CEO of Berkshire always wants to remain debt free.
The veteran financial guru and former Ronald Reagan adviser said the U.S. and China are close to a trade deal. The Dec. 15 deadline is still in place.
Gross explained that the “stimulative effects” of President Donald Trump’s corporate tax reform have now fully worked their way through the economy.
Rarely has a money manager’s stature with the investing public seemed so at odds with their recent record as an investor: 3.8% a year since 2012.