Being the Bond King was really a bid for fame and was a vehicle for what he really wanted

which was fame, which was sort of to feel loved.

You know, that was also a vehicle to fill this kind of hole in his heart in a way.

And I think we all have that hole in our heart right, like everyone loves to check their

notifications or whatever, fine.

But it is like, you know, you're never going to be happy.

You're never going to reach, like you may think that there's some threshold level where

you're going to be like, oh, good, I've made it and I feel better now about my life and

my finances and myself as demon, all of these things.

But there's, you know, everyone that I've talked to basically that has reached that level,

you have to have some kind of external validation or some kind of ability or sorry internal

validation, like you can't use that as a measuring stick.

There's no dollar amount that's going to help you.

I'm Chris Hill and that was Mary Childs, financial journalist, co-host to Planet Money, an author

of the new book, The Bond King, how one man made a market, built an empire and lost

it all.

The Bond King is the nickname given to fund manager Bill Gross, who started Pimco and

managed the largest bond fund in the world.

Mary Childs has spent years covering him and producer Ricky Mulvey caught up with her

to talk about how the Bond King managed to beat the market for decades, how Pimco's

actions may have contributed to the great recession, and why Gross one time blasted

rap music at a neighbor's house and what appears to have been an active vengeance.

...