Here are 14 of the best quotes from notorious billionaire bond king Jeff Gundlach

REUTERS/Jessica Rinaldi

• Billionaire bond investor Jeff Gundlach is not just known for his legendary bond investments. 
• The bond king, and founder of DoubleLine Capital, is equally renowned for his blunt views on markets, the Treasury Department, and much more. 
• Markets Insider has rounded up 14 of Gundlach's most insightful, interesting quotes, which you can see below.
• Visit Business Insider's homepage for more stories.

Billionaire bond investor Jeff Gundlach is not just known for his legendary bond investments. 

The bond king, and founder of DoubleLine Capital is equally renowned for his blunt views on markets, the Treasury Department, and much more. 

Gundlach is particularly vocal on Twitter, notably questioning the purpose of taxation in early May after the Treasury announced that it would borrow $3 trillion over the next quarter to help cushion the impact of coronavirus.

But that's not all he's shared his views on. Markets Insider has rounded up some of Gundlach's most insightful quotes on markets, the Treasury, recessions, and of course, bonds. 

Read more: BANK OF AMERICA: Investors should buy these 12 cheap stocks to bet on the coming US recovery — but they should steer clear of these 8 competitors

Check them out below:

On massive government borrowing during the coronavirus pandemic: "If endless borrowing is a viable solution, why did we have any taxation in the first place?"

Source: Twitter

Read more: A Wall Street expert lays out how the stock market's 'downright terrifying' surge within this crisis may be laying the groundwork for another 32% crash

On his distaste for corporate debt: "We have never owned a single corporate bond in the Total Return Strategy dating back to 1993. Look it up," Gundlach said. "When corporate bonds become very overvalued, especially when rates fall due to recession prospects increasing — well?"

Source: Money and Markets

 

On fundamental changes to the global economy in 2020: "What people in financial media don't seem to understand is that we are never going back to the January 2020 'You blow dry my hair and I'll blow dry your hair' economy. Saving money and having a net economically productive skill will be the new cool."

Source: Markets Insider

Read more: A hedge-fund chief overseeing $2 billion shares 5 reasons he sees bitcoin surging 900% by the end of 2021 as Paul Tudor Jones dives into the asset

See the rest of the story at Business Insider

See Also:

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• Morgan Stanley says the global economy is bottoming out, signaling a 'sharper but shorter' downturn than the great financial crisis

SEE ALSO: Bill Ackman turned $27 million into $2.6 billion as the coronavirus ravaged markets. Here are 12 of his most insightful quotes.

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