Bill Gross may not be as famous in the hearts of ordinary people as Peter Lynch, Warren Buffett, George Soros and others.
That's because Bill Gross focuses primarily on the bond market, which is attended by large financial institutions and investment managers.
Now Bill Gross is in his 40s, and under his leadership, the Pacific Investment Management Company, where he works, has grown from a small fund with only tens of millions of dollars under management to a large and medium-sized financial institution with a capital of only $2 billion.
However, Seryosha knew that Pacific Investment Management would develop into the world's largest investment management company in the future, and the name of Bill Gross Debt King was also broken out step by step.
Although Bill Gross was still a bond fund manager at that time, he was in some ways more powerful than the president of the United States.
This is not to praise Bill Gross, because bonds are a matter of life and death for the capitalist countries of the West.
Whether it's the U.S. government, or the Japanese government, or the governments of those old zurgeot countries in Europe.
There is no one that does not rely on the issuance of bonds to raise all the funds that the government needs.
Whether it's public construction, military spending, education spending, or health spending, none of these governments is not eating what they want.
If we look at the current financial situation of the U.S. government from a corporate perspective, the total debt is already doubled, and the fiscal deficit continues to increase.
Although the national debt is a bond backed by the country's credit, it is also subject to the test of the market.
And the people who test him are bond market investors like Bill Gross.
No matter which country's bonds, only when they are recognized by the market can they smoothly get money from international creditors.
Mikhail didn't understand what this Bilgros was really good at.
However, he still put aside his affairs in Japan and flew to the United States to discuss the specific matters of acquiring the Pacific Asset Management Company.
The management of Pacific Investment Management had not heard of the name of Bank of Colombia, so at first he refused to meet with Mikhail, until a phone call from the president of Barclays Bank in England made Pacific Investment Management take Mikhail's arrival seriously.
Mikhail, under the arrangement of the president of Barclays, took the initiative to visit the Pacific Investment Management Company.
Mikhail came alone, with neither an entourage nor an assistant, and looked as if he had come in and wandered around.
This came as a surprise to the management of Pacific Investment Management.
"Mr.
Grachev, we heard that you want to cooperate with us, I don't know what your plans are?"
asked Pacific Investment Management straight to the point.
"Mr.
Bill Gross is not here, I want to meet him" Mikhail did not have the eyes of Pacific Investment Management at all, he did not want to waste time.
Seryosha made it clear that he only wanted Bill Gross to join Bank of Colombia, and if Bill Gross was unwilling to leave Pacific Investment Management, then he would buy the company.
However, if Bill Gross himself can be convinced, Mikhail is not willing to spend this unjust money.
"This one is Mark Milken of our Pacific Investment Management Company, and Mr.
Bill Gross is just our Head of Bonds."
One of the ladies present was about to introduce the company's management, but Mikhail absentmindedly waved his hand to signal that he didn't want to listen any further.
Mark Milken's smile turned from bright to embarrassed and embarrassed, and he couldn't figure out that he was inferior to his subordinates in this company.
Yes, this Bill Gross is indeed very powerful, with outstanding performance, and a small reputation in the industry, but Pacific Investment Management's business scope is not only in the field of bond investment.
Everyone in the conference room from Pacific Investment Management looked at Mark Milken, who pretended to be calm and stood up, waved to everyone, and then left the room with everyone.
Mikhail nodded at Mark Milken as a gesture of gratitude.
Mikhail sat quietly in the conference room, quietly waiting for Bill Gros to arrive, and after a while, a thin middle-aged man knocked on the office door, and then pushed the door and walked in.
Mikhail stood up, took the initiative to extend his hand to the other party, and then asked politely: "Are you Mr.
Bill Gross, the head of the bond market of this company?"
"Yes, that's me, I heard from my colleague that you are the head of the Bank of Columbia, do you need me in any way" Bill Gross has a beard and is very thin, although he is in his forties, he looks very energetic, I don't know if it is because of his profession, he always maintains a vigilant and shrewd gaze in his eyes.
"Forgive me for being abrupt, we at Bank of Colombia are looking to invest in bonds, and we want to recruit an experienced and capable fund manager.
I don't know if you're interested," Mikhail said straight to the point.
"Ha, you're funny, it's the first time I've seen a guest like you digging into the wall, and my answer is, I'm sorry, I'm happy to work here," Bill Gross refused without hesitation.
"I would like to ask you to think about it carefully, before that, you can take a look at this investment plan in my hand I am sorry that I came to New York from Japan to find you, and this investment plan was also drawn up by me on the plane" Mikhail finished speaking, took out a piece of 4 printer paper from his pocket, and then unfolded it in front of Gross, Gross looked at this paper curiously, and simply wrote the first year, 10 billion, the second year, 20 billion, and the third year, 40 billion "May I ask what you mean by the 10 billion, it can't be the size of the fund, is this currency worth dollars?"
asked Bill Gros as he looked at the other party in disbelief.
"It seems that you understand my plan, so it's easy to say, I'll talk to you about the treatment again, the annual salary is 30 million US dollars, and the annual performance can float by 10%, of course, in addition to the stock and year-end dividends, I think with your current performance, you can get an annual income of about 100 million US dollars from us As far as I know, even Goldman Sachs can only get half of this price" Bill Gross had never heard of such a generous salary, which was far beyond Bill Gros's imagination, but the Bank of Colombia where the other party worked was unknown before this, so Bill Gross quickly found an opportunity to interject and ask: "What kind of company is Bank of Colombia?"
"Our current main business is investing in Japan's foreign exchange, real estate and stock markets, and we are lucky enough to make a little money," Mikhail replied with a relaxed face. t1706231537: