How the Bond King Built His Market Empire
In 1966, he went to Las Vegas with $200 in his pocket.
A short time later, he made thousands of dollars counting cards.
Bill Gross was soon looking for a way to use his skills to make money — big money.
He turned American finance into his casino and became known as the “Bond King.”
Gross went on to found Pimco, a leader in fixed-income management that has $2 trillion under management.
Author Mary Childs covers it all in her book, The Bond King: How One Man Made a Market, Built an Empire, and Lost It All.
And she shared with me how he did it and why the U.S. Treasury has Gross on speed dial.
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