El-Erian: Bill Gross's Pimco Exit Surprised Me

The transcript discusses the surprise departure of Bill Gross from PIMCO and highlights the firm's strong team led by Iverson. It emphasizes the depth of talent at PIMCO, mentioning key figures like Mark Kiesel and Paul Mcculley. A story about Scott Simon illustrates the firm's robust talent pool. Mohammed shares his personal reflections on career choices, expressing contentment with his current role and focus on family.

What was the reaction to Bill Gross's departure from PIMCO?

• It was a surprise, but the team was well-prepared.

• It was expected and planned.

• It led to a mass exodus from the firm.

• It caused a significant drop in PIMCO's assets.

Who is mentioned as a leader of the strong team at PIMCO?

• Paul Mcculley

• Iverson

• Bill Gross

• Mark Kiesel

What is the perception of the remaining team at PIMCO after Bill Gross's departure?

• The team is weak and unstable.

• There is a mass exodus from credit.

• The team remains strong with significant stars.

• The team is inexperienced and new.

What was the impact of Scott Simon's retirement on PIMCO?

• It led to a decline in PIMCO's performance.

• It highlighted the depth of talent at PIMCO.

• It caused a leadership crisis.

• It was a major news event.

What is Mohammed's main focus after leaving PIMCO?

• Spending more time with his daughter

• Starting a new investment firm

• Returning to PIMCO as CEO

• Writing a book about his experiences