Bill Gross on The Next Bond King, Scott Minerd

The transcript discusses the concept of a 'kingdom' in finance, using PIMCO's growth to $2 trillion as an example. It explores the influence of index funds and highlights experts like Scott Maynard in the bond market. The speaker reflects on the burdens of leadership and considers potential future leaders in finance.

What does the speaker mean by saying 'the crown is heavy' in relation to leadership?

Who does the speaker mention as a potential successor or 'pretender' to the throne in the bond market?