The Trillion Dollar Empire that Started with a Coupon
Tom Tunguz
AUGUST 11, 2022
At the bottom, four coupons entitle the holder to $200 at the maturity date on the top right. Fifty years later, Pimco , the company Gross founded with Bill Podlich & Jim Muzzy, manages two trillion dollars of assets. This is a paper bond from the US Treasury dated 1976. The coupons represent the interest on the bond.
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