
237: Mary Childs – Biggest ‘n Baddest, Billionaire Bond Trader: Bill Gross
Chat With Traders
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You Can't Take It With You Yet
Pimco did a good job of risk managing into the financial crisis and out of it. They didn't try to put on some, like, incredibly time sensitive options trade. And because they were early, that meant that they kind of sat there and watched everyone else continuing to party for a while. When things started to come through, you know, b and p froze their funds but pimka was able to buy those things up at a discount.
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