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#SecretsSelfmadeBillionaires0414 Bill Gross Rise and Fall of Trillion Dollar Bond King 10 Lessons
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Bill Gross is a Meditation Guy and a Health Guru. He looks younger and healthier than 99% SMBillionaires. His studied psychology and was professional poker player for 3 months. At age 27, he started PIMCO poorly, committed the sins of omission, he rejected loans to Warren Buffett & Sam Walton, but instead loaned to Itel for thick carpet and gorgeous secretaries. Itel went bankrupt 6 months after loan. He found a dead mentor in JP Morgan. He became trillion dollar bond king. Then blowup after blowup. Why a lengend blowup? JP Morgan no longer around to shed wisdom and law of large numbers apply. He also blew up with Mohamed El-Erian and his wife.