[center]The Bond King | 72 | Mary Childs
2022 | Flatiron Books | [/align]
This isn't the main book, and it not meant to take its place.
However, [b][color=#ff9900]Charlotte Balsillie [/color][/b] has calmly and brilliantly produced a SUMMARY that;
Simplifies the author's point and relays it.
Written plain English that individuals of all literacy levels can understand.
Completely outlines several important ideas that you could have missed.
It is time and money efficient while yet being valuable
ABOUT THE ORIGINAL BOOK
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 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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