Mary Childs is a co-host of the podcast Planet Money and the author of The Bond King: How One Man Made a Market, Built an Empire, and Lost It All. “I love aberrations. I love when things go wrong. You get a high stress situation, you get all of the manifestations of personality. We're our most selves, if not our best s

The Bond King The name PIMCO is ubiquitous in the world of bond finance. But aside from its enormous size, why is PIMCO so important? Our guest this episode is Mary Childs, co-host of NPR's Planet Money podcast. Her book, The Bond King, tells the story of PIMCO's origins and of how Bill Gross transformed the bond marke

Today we have Mary Childs, author of The Bond King - How One Man Made a Market, Built an Empire, and Lost It All.  We talk about how Bill Gross built up PIMCO to the giant it is today; his management style and his exit from the firm.   Mary Childs is a financial journalist who has written for Bloomberg, Barrons and the

IN THIS EPISODE, YOU'LL LEARN: 06:48 - How Ed Thorpe influenced Bill Gross in the early days. 04:49 - How Bill pioneered a market for trading bonds. 09:23 - How Bill founded Pimco and the famous Total Market return fund. 21:41 - How they successfully navigated the GFC and established an abnormal relationship with the g

From the host of NPR's Planet Money, the deeply-investigated story of how one visionary, dogged investor changed American finance forever. Before Bill Gross was known among investors as the Bond King, he was a gambler. In 1966, a fresh college grad, he went to Vegas armed with his net worth ($200) and a knack for count

Our guest this week is Mary Childs. Mary is a cohost and correspondent for National Public Radio's Planet Money. Previously, she was a reporter at Barron's magazine and before that, a reporter at the Financial Times and Bloomberg News. She received her bachelor's degree in business journalism from Washington & Lee Univ