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The Bond King - How One Man Made a Market, Built an Empire, and Lost It All (Hardcover)
Loot Price: R571
Discovery Miles 5 710
You Save: R167
(23%)
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The Bond King - How One Man Made a Market, Built an Empire, and Lost It All (Hardcover)
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List price R738
Loot Price R571
Discovery Miles 5 710
You Save R167 (23%)
Expected to ship within 10 - 15 working days
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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 counting
cards. $10,000 and countless casino bans later, he was hooked: so
he enrolled in business school. 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. To understand the winners
and losers of today's money game, journalist Mary Childs argues, is
to understand the bond market--and to understand the bond market is
to understand the Bond King.
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