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Quotes from the Reuters Investment Outlook Summit

Tue Dec 12, 2006 4:13pm EST

Reporter's Notebook

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NEW YORK (Reuters) - The following are some notable quotes from the Reuters 2007 Investment Outlook Summit:

MARK MOBIUS, MANAGING DIRECTOR, TEMPLETON ASSET MANAGEMENT LTD.

"Optimism is running very high. I would not say we're in a bubble kind of mentality that we were in during the dot.com boom. There are still a lot of people who remember (the crashes of) '97, 2000. But more and more are seeing an optimistic scenario."

BILL GROSS, CHIEF INVESTMENT OFFICER OF PIMCO:

"In order to really see gold pass 800 bucks, you really need to get the world in a reflationary mode, as opposed to a disinflationary mode."

On the prospect of a $100 billion leveraged buyout:

That "may be like the well-known skyscraper phenomena that typifies the beginning of the end in a particular country. It's that type of phenomena, so if you get a mega skyscraper event -- in terms of a $100 billion -- typically that's much like how, the dollar being on the cover of the Economist. It might be the signal of the beginning of the end. But it's typical of a trend in which leverage ... yes it's been a fight to extract value via lowering an equity risk premium."

On whether he still finds his work exciting:  Continued...

 
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