Kornbluth, Jesse (1992). Highly confident: The Crime and Punishment of Michael Milken. William Morrow and Co. p.213. Personally, while I understand the basics of bonds and how they work, bond trading is a different matter. Quite a bit of what Pimco did, especially the things with derivatives, went right over my head. Childs does her best to make the financial things understandable, but this is ultimately a book about Bill Gross and Pimco and not a Bonds 101 class, so while I understood enough to follow along, I don’t think I finished this book understanding enough about bonds to explain everything that went on. That said, Bill Gross is a unlikable but fascinating character. His values and character seem contradictory at times. But he is devilishly clever and it is clear that he knows the market he pioneered extremely well!

The Bond King | Cato Institute The Bond King | Cato Institute

This is a good book about finance, management, the great financial crisis of 2008-09, and bond finance.Gross built a team and Childs traces their personalities and quirks in the early chapters of The Bond King. Before there was CNBC and Bloomberg, there was Louis Rukeyser and public television's Wall Street Week. Gross was Rukeyser's go-to guest when he wanted to talk about the bond market, making Gross an industry celebrity. When cable exploded, he seamlessly transitioned to the new medium and can still be seen today, weighing in on the bond and broader market issues of the day. Childs] persevered for years on this project to bring us this important and entertaining story" -- Sujeet Indap , Financial Times, author of Caesars Palace Coup Change the plan you will roll onto at any time during your trial by visiting the “Settings & Account” section. What happens at the end of my trial? The Bond Kingis the story of how that whiz kid made American finance his casino. Over the course of decades, Bill Gross turned the sleepy bond market into a destabilized game of high risk, high reward; founded Pimco, one of today’s most powerful, secretive, and cutthroat investment firms; helped to reshape our financial system in the aftermath of the Great Recession—to his own advantage; and gained legions of admirers, and enemies, along the way. Like every American antihero, his ambition would also be his undoing.

Michael Milken - Wikipedia Michael Milken - Wikipedia

Wigglesworth, Robin (March 9, 2019). "Bill Gross: 'We were looking for every penny we could get' ". Financial Times . Retrieved June 5, 2019. Janus Henderson Announces the Retirement of William H. Gross". www.businesswire.com. February 4, 2019 . Retrieved June 5, 2019. Gilder, George (2000). Telecosm: How Infinite Bandwidth Will Revolutionize Our World. Simon & Schuster. p.170. ISBN 9780743215947. After this, Bill and Amy started messing with their neighbors. They began blasting loud music at all hours of the night — with speakers pointed right at their neighbor's house. Over the course of several months, they cranked up the volume on songs by Led Zeppelin, 50 Cent, and theme songs from old TV shows. Most frequently, they played the theme song from Gilligan's Island.

Gross was born in Middletown, Ohio, the son of Shirley ( née Tait), a homemaker, and Sewell Mark Gross, a sales executive for AK Steel Holding. [2] [3] Part of his family is originally from Winnipeg, Canada. [4] He was raised a Presbyterian. [5] He moved with his parents to San Francisco in 1954. [3] Gross graduated from Duke University in 1966 as an Angier B. Duke Scholar, and with a degree in psychology. [6] I never gave much thought to Bill Gross, the peculiar billionaire investor who transformed the world of finance. That is, until a couple years ago, when my partner, Evelyn, told me a wild story about him. Evelyn grew up in Laguna Beach, California. Her family still lives there. As it happens, Bill also lives there. For cost savings, you can change your plan at any time online in the “Settings & Account” section. If you’d like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial.

The Bond King ♕ — mary childs The Bond King ♕ — mary childs

a b c Frank, Robert (December 17, 2020). "Five surprising things we learned about billionaire Bill Gross in legal fight with neighbor". CNBC . Retrieved December 23, 2020. Darmiento, Laurence (October 26, 2020). "Investor Bill Gross accused of blaring 'Gilligan's Island' song on loop to torment neighbor". Los Angeles Times . Retrieved February 10, 2021. Childs avoids the obvious trap for books like these: getting lost in the byzantine details of Wall Street. From bonds to derivatives, Childs takes the time to explain each step succinctly and in plain English. The author's aptitude for such details is enormously appreciated and suits her well for future projects in the universe of Wall Street. Childs explains that Kashkari was similarly over his head at PIMCO: If Kashkari's time at Treasury had seemed to some a step beyond his abilities or experience, this new role was another step farther. He had never worked at an asset manager. He would lead building a new equities business without ever having managed an equities business or been an investor at all. Milken's Sentence Reduced by Judge; 7 Months Are Left". The New York Times. August 6, 1992. Archived from the original on February 4, 2017 . Retrieved February 11, 2017.Robert Sobel - Dangerous Dreamers: The Financial Innovators from Charles Merrill to Michael Milken' (1993), ( ISBN 0-471-57734-0). The Bond King is the story of how that whiz kid made American finance his casino. Over the course of decades, Bill Gross turned the sleepy bond market into a destabilized game of high risk, high reward; founded Pimco, one of today’s most powerful, secretive, and cutthroat investment firms; helped to reshape our financial system in the aftermath of the Great Recession—to his own advantage; and gained legions of admirers, and enemies, along the way. Like every American antihero, his ambition would also be his undoing. Bongioanni, Carlos (July 23, 2015). "How time in Navy, Vietnam shaped a budding billionaire's life". Stars and Stripes. Ablan, Jennifer (March 6, 2014). "Exclusive: Pimco's Gross declares El-Erian is 'trying to undermine me' ". Reuters . Retrieved June 24, 2018. CNN Library (March 7, 2014). "Bill Gross Fast Facts". CNN. {{ cite news}}: |author= has generic name ( help)