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Professionals & Academics - The Bond King: How One Man Made a Market, Built an Empire, and Lost It All

Description

Book Synopsis: 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.

Details

If you want to uncover the gripping story behind the man who changed the face of American finance forever, then "The Bond King: How One Man Made a Market, Built an Empire, and Lost It All" is a must-read. From the brilliant mind of Bill Gross, also known as the Bond King, this deeply-investigated book takes you on a fascinating journey through the world of high stakes investments and financial masterminds.

Before he became the legendary Bond King, Gross started out as a daring gambler armed with nothing but $200 and a talent for counting cards. If you've ever dreamed of hitting the jackpot in Vegas, this is a story that will captivate your imagination. But Gross didn't stop there. He enrolled in business school and turned American finance into his personal casino.

With his risk-taking approach, Bill Gross transformed the bond market into an unpredictable game of high rewards and even higher risks. Through founding Pimco, one of today's most powerful and secretive investment firms, he made his mark on the financial system and left a lasting impact on our economy. And just like any great American antihero, Gross's ambition would ultimately be his downfall.

Want to understand the winners and losers in today's money game? Look no further than the bond market. In "The Bond King," journalist Mary Childs explores how Gross's actions shaped the financial landscape we live in today. This thought-provoking read will not only give you insights into the man behind the title but also provide a deeper understanding of the bond market and its influence on the world of finance.

Unlock the secrets of the Bond King and gain a new perspective on the money game. Get your copy of "The Bond King: How One Man Made a Market, Built an Empire, and Lost It All" today and embark on a thrilling journey through the highs and lows of the financial world. Click here to grab your copy now!

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