72: Mary Childs, Planet Money: Bond Market, Bill Gross, Crypto & Substack Revolution
Not Investment Advice
What's the Difference Between a Bond Market and a Credit Analyst?
In the 19 seventies, when bill gros started in the bond market, it was literally just coop you had these bonds in the basements of could you explain that and how boring he as exactly? So bill gros's first job was as a credit analyst at a life insurance company. He thought it's boring a and then, sort of, by virtue of finding it boring, helped to invent the, you know, trading in bonds. And what does that look like now? The transition that he created is enormous.
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