The Rise and Fall of the Bond King with Mary Childs

preview_player
Показать описание
On todays podcast I was happy to host Mary Childs, co-host of NPR’s Planet Money, a podcast I have enjoyed for quite a while, and author of the recently released book “The Bond King: How One Man Made a Market, Built an Empire, and Lost It All”.

Throughout our conversation we talked about who Bill Gross really is, how he created the secondary bond market, pushed everyone to the limit and his eventual decline. I hope you enjoy!

0:00 - Introduction
0:22 - What influenced you to write the book?
2:45 - Why are bonds not covered?
3:49 - Who is Bill Gross?
7:35 - Can you talk about examples of Bills trades?
10:45 - PIMCO pushing the rules and innovating for profit
12:00 - They kept pushing the boundaries
12:55 - Why Bill Gross preferred Fame over wealth and power?
15:40 - Did all of the hype get to Bill’s head?
17:15 - Influence PIMCO had on markets and the government
19:15 - Front running the government
20:05 - Risk taking
21:50 - How would you describe the culture at PIMCO?
24:00 - PIMCO relationship with Wall Street
25:40 - What caused Bill Gross’ downfall in PIMCO?
27:00 - Taking brownies to Bill Gross
29:25 - Why did Bill Gross stop performing?
31:40 - One message from the book?

Mary Childs is a financial journalist. She’s a co-host of National Public Radio’s Planet Money.

Mary was a Watson Fellow, painting portraits, and was a 2015 Tribeca Disruptive Innovation Honoree. Over the past decade+, Mary has consulted for HBO on a finance-y show, been on finance TV, and written for Barron's magazine, the Financial Times, and Bloomberg News.

She has recently wrote a book about Bill Gross, PIMCO, and the bond market, published by Flatiron Books. You can buy the book here -

Mary -

WTFinance -

Рекомендации по теме
Комментарии
Автор

What was the greatest lesson that you learnt from our interview with Mary?

WTFinancepodcast