3min chapter

The Compound and Friends cover image

Chasing the Bond King

The Compound and Friends

CHAPTER

The Great Financial Crisis

He nails the great financial crisis. And then when it really mattered, he steered the Pimco fund through the storm. But from 2011 on, pretty much everything he said and did turned out to have been the wrong. There's also kind of a different angle to it where it's like within Pimco, you have no credibility.

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