The Homa Files

Bill Gross is the one of the world’s premier bon traders.

His view on bonds – I don’t care.

His views on cocktail parties — now, you’re talking.

* * * * *
Excerpted from PIMCO.com: I Don’t Care, March 2010

Cocktail parties wouldn’t be so bad if there was something original to be said, or if “you” had a genuine interest in “me” as opposed to “you,” but let’s face it folks, no one does.

The only reason any of us really cares about cocktail conversations is to quickly redirect someone else’s stories into autobiographies that we assume to be instant bestsellers if only in print.

You can bet that unless there’s a requested personal favor coming, 90 seconds into a typical conversation, no one gives a damn about you and your problems.

During that unbearable minute-and-a-half, however, you’re likely to have covered some of the following topics:

• Where are you from? (If it’s not a place where I’ve been or have a distant second cousin – don’t care.)
• How’s the family? (If Johnnie is in advanced placement courses and my kids aren’t – don’t care. Don’t care about your kids’ soccer games either or that upcoming wedding.)
• Medical problems? (Unless you’re dying from cancer – people don’t really care. Your artificial hip and kidney stone stories are important only to let them tell you about their’s.)
• How’s work? (Forgot where you work, but it’s a good lead in. Don’t really care though unless you can direct some business my way.)
• Can you believe Tiger? (Now there’s something I care about, but the wife is only five feet away.)

Thank god for the, the “afterparty” — driving home with your partner and dissing all of the guests.

Full article:
http://www.pimco.com/LeftNav/Featured+Market+Commentary/IO/2010/Investment+Outlook+March+2010+Bill+Gross+Dont+Care.htm

This entry was posted on March 5, 2010 at 7:02 am and is filed under Laughs. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.