2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP451: The Story of Bill Gross aka The Bond King W/ Mary Childs

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

How Did Your Early Days of Gambling Contribute to Your Strategies in the Bond Market?

Ana Navarrette: How did Bill Clinton's early days of gambling contribute to his strategies in the bond market, given that you focus on it in the book? She says he learned not to bet all his chips on one thingno to kind of wantonly and recklessly. He used edthorpe's strategies to very carefully and cautiously figure out where he was in the deck when the dealer is shuffling out the cards. You if you count cards, you can figure out with some degree of accuracy what's going to happen next.

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