Motley Fool Money

Investing Lessons from The Bond King

Apr 10, 2022

Mary Childs, a financial journalist and co-host of Planet Money, dives into the intriguing story of Bill Gross, founder of PIMCO. She reveals how Gross traded bonds to beat the market for decades and discusses PIMCO’s culture, which could be described as aggressive and toxic. Listeners learn about the pivotal roles Gross played in both the bond market and the Great Recession. Plus, she shares a lighthearted tale of Gross blasting 50 Cent’s music in a neighborhood dispute—proving even financial giants have their quirks!

33:29

Creator website

Episode guests

Mary Childs

AI Chapters

Episode notes

Intro

4min

Unlocking the Secrets of Bond Investing

10min

Toxic Dynamics at PIMCO

6min

Navigating the Mortgage Crisis: Insights from Investment Leaders

8min

Lessons in Fulfillment and Investment Strategy

2min

A Surprising Neighborhood Dispute: The Bond King's Private Life

2min

Beating a market for decades isn’t easy. Mary Childs, author of “The Bond King: How One Man Made a Market, Built an Empire, and Lost It All” joins Ricky Mulvey to talk about PIMCO founder Bill Gross and what retail investors can learn from his story. Childs discusses: - How Gross traded bonds to beat the market for decades - Why PIMCO may have “started the party” that led to the Great Recession - Why Bill Gross was blasting 50 Cent’s music at his neighbor’s house Bonus resource! How to Invest in Bonds - https://www.fool.com/investing/how-to-invest/bonds/ Host: Ricky Mulvey Guest: Mary Childs Engineer: Steve Broido, Tim Sparks

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