TIP451: The Story of Bill Gross aka The Bond King W/ Mary Childs
We Study Billionaires - The Investor’s Podcast Network
00:00
Navigating Challenges in Bond Trading
This chapter explores the early challenges faced by Bill Gross in his reporting and trading career, including a critical fact-checking error and its fallout. It highlights the influence of gambling on Gross's risk management and the innovative strategies he introduced, culminating in the creation of PIMCO and the total return fund. The narrative details a dramatic negotiation during a volatile market period, illustrating the intersection of finance and psychological insight in trading practices.
Transcript
Play full episode
