Mohamed El-Erian is the former CEO of PIMCO, one of the hugest investment funds in America, and his job paid over $100M a year! In January 2014, his decision to resign caused widespread debate in the financial and hedge fund sectors about his reasons for departing, his relationship with founder Bill Gross and the future of the firm. He speaks to the personal side of his decision to Worth Magazine.
About a year ago, I asked my daughter several times to do something—brush her teeth, I think it was—with no success. I reminded her that it was not so long ago that she would have immediately responded, and I wouldn’t have had to ask her multiple times; she would have known from my tone of voice that I was serious.
She asked me to wait a minute, went to her room and came back with a piece of paper. It was a list that she had compiled of her important events and activities that I had missed due to work commitments.
Talk about a wake-up call. The list contained 22 items, from her first day at school and first soccer match of the season to a parent-teacher meeting and a Halloween parade. And the school year wasn’t yet over.