The Bond King

How One Man Made a Market, Built an Empire, and Lost It All

The Bond King
Mary Childs
RRP:
NZ$ 64.99
Our Price:
NZ$ 48.74
Hardback
h233 x 154mm - 336pg
15 Mar 2022 US
International import eta 7-19 days
9781250120847
Out Of Stock
Currently no stock in-store, stock is sourced to your order
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.
A vivid and authoritative portrait of one of the most influential figures in American finance. --Sheelah Kolhatkar, staff writer at The New Yorker and bestselling author of Black EdgeAn instant classic of finance and a joy to read. Mary Childs has a gift for explaining the rise of the modern bond market, one of the most important stories of finance, and interlaces that story with the deeply reported, thrilling, tragic and occasionally comic human story of the downfall of Bill Gross. And it is all written with great style, wit and insight. Anyone looking to understand the nuances of bonds or the difficulties of managing complicated people should read this book. --Matt Levine, ' Money Stuff' columnist, Bloomberg OpinionA most necessary book. Mary Childs is one of a handful of finance writers who understand how the industry has reshaped America and helped create the strange, often failing society we inhabit. And one cannot understand modern finance without understanding the character of the mad bond king Bill Gross. Well-researched and written with verve, this is nothing short of a page-turner. --Gary Shteyngart, author of Our Country Friends and Lake Success
Mary Childs (she/her) is a co-host and correspondent for NPR' s Planet Money podcast. Previously she was a reporter at Barron' s magazine, the Financial Times, and Bloomberg News. She graduated from Washington & Lee University in Lexington, Virginia, with a degree in business journalism.

In stock - for items in stock we aim to dispatch the next business day. For delivery in NZ allow 2-5 business days, with rural taking a wee bit longer.

Locally sourced in NZ - stock comes from a NZ supplier with an approximate delivery of 7-15 business days.

International Imports - stock is imported into NZ, depending on air or sea shipping option from the international supplier stock can take 10-30 working days to arrive into NZ. 

Pre-order Titles - delivery will vary depending on where the title is published, if local stock is available in NZ then 5-7 business days, for international imports it can be 10-30 business days. In all cases we will access the quickest supply option.

Delivery Packaging - we ship all items in cardboard sleeves or by box with either packing paper or corn starch chips. (We avoid using plastics bubble bags)

Tracking - Orders are delivered by track and trace courier and are fully insured, tracking information will be sent by email once dispatched.

View our full Order & Delivery information