A top international financier quit his job running a$2 trillion investment fund after his daughter wrote him a note complaining he had missed her first day of school, her Halloween parade and her first game of soccer.

Mohamed El-Erian's daughter wrote him a note complaining that he had missed out on 22 landmarks in her life because he was too busy at work.The California based investment guru resigned from Pimco, who have more than $2 trillion invested, after his daughter sent him a note outlining 22 milestones he had missed from her life.

After receiving the letter from the 10-year-old, El-Erian handed in his notice which was a shock to the investment world.In an interview with Worth, El-Erian explained his decision.He said,
'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.I felt awful and got defensive: I had a good excuse for each missed event! Travel, important meetings, an urgent phone call, sudden to-do.'But it dawned on me that I was missing an infinitely more important point. As much as I could rationalize it—as I had rationalized it—my work-life balance had gotten way out of whack, and the imbalance was hurting my very special relationship with my daughter. I was not making nearly enough time for her.

'El-Erian said he was spending far too much time away from his home while working for PIMCO.Since resigning, he said he and his wife take turns in waking up their daughter, preparing her breakfast and bringing her to school.He said he is also planning a holiday just for the pair of them.
El-Erian said instead of one, full-time position, he has taken a 'portfolio' of part-time roles which require far less travelling and allow him greater flexibility.He said that he even now had time to pick up his daughter from school.

Speaking to Bloomberg after his resignation, El-Erian said, ' I've gone through a transition after 14 great years with Pimco and I've put together a portfolio of part-time activities that I'm really excited about. I'm also really excited to spend more time with my family and my daughter.
'He later told Reuters, 'If I had known that there would be this media circus, I would've done a lot of things differently.'Was there a way of not going 100 miles an hour and maybe going 50 miles an hour? To be perfectly honest, I didn't explore that option. I never explored.' El-Erian said wanting to spend more time with his family is a cliche but he decided that his need to be a good father was greater than his desire to be a good investor.'He decided that he had to readjust his work-life balance in May 2013 after receiving the note from his daughter.

In an interview with Reuters, El-Erian refused to comment on his former boss Bill Gross, only describing the 70-year-old as brilliant.Since leaving Pimco, El-Erian has become the chief economic adviser at Allianz where he spends 50 per cent of his time.

Just Excellent i must say !

SOURCE

Two trillion?

Well that is what I call love .

Elantracey: Well that is what I call love .

dollars!!!!!! As in $$$ kaching!



Dis one nah jazz it no normal at all.

Some people know the essence of fatherly love....as Joy & Hapiness of his daughter cannot be bought

If na my papa it can be bought o.

tpia1: If na my papa it can be bought o.

lol...it'll reach a head one day

I don't gerrit!! Why quite the job? This can't happen in naija.
At the age of 10, if my dad travels its like a public holiday for me.

urhoboman: I don't gerrit!! Why quite the job? This can't happen in naija.
At the age of 10, if my dad travels its like a public holiday for me.

You know all this oyinbo children....plus dad was on full time so she only got to see him sparingly

Hmmmm.... So touching

in d next 10 years he wont regret dis decision

Has the company filled his position? I'm interested

His daughter won't stay on pause, she will grow up and he will grow old probably retired then, longing for attention then but there will be none because the bonding stage has passed. If fathers from that age will teach their daughter through acts of love like this that money is not everything and money can't buy her love. He could have bought her an expensive toy instead but he gave something more valuable his heart and time, this made me cry

aisha2: His daughter won't stay on pause, she will grow up and he will grow old probably retired then, longing for attention then but there will be none because the bonding stage has passed. If fathers from that age will teach their daughter through acts of love like this that money is not everything and money can't buy her love. He could have bought her an expensive toy instead but he gave something more valuable his heart and time, this made me cry

Hands her handkerchief....

aisha2: His daughter won't stay on pause, she will grow up and he will grow old probably retired then, longing for attention then but there will be none because the bonding stage has passed. If fathers from that age will teach their daughter through acts of love like this that money is not everything and money can't buy her love. He could have bought her an expensive toy instead but he gave something more valuable his heart and time, this made me cry

why? Is it cus u know someone suffering d same fate?

missdebs: in d next 10 years he wont regret dis decision

Not in anyway....the girl would /should respect the father forever if only because of this

aisha2: His daughter won't stay on pause, she will grow up and he will grow old probably retired then, longing for attention then but there will be none because the bonding stage has passed. If fathers from that age will teach their daughter through acts of love like this that money is not everything and money can't buy her love. He could have bought her an expensive toy instead but he gave something more valuable his heart and time, this made me cry

#WORD !

missdebs: in d next 10 years he wont regret dis decision

U mean 100yrs?

let fatherly love continue

Oyinbo pikin dey spoil sha btw my dad can do that for me too.

Elantracey: Well that is what I call love .

Strong one my dear.



Pastor Chris needs to read this.

flyca: Has the company filled his position? I'm interested

Tallesty1: Strong one my dear.



Pastor Chris needs to read this.

Haba..leave Chris alone now

I bet the mother has a hand in writing that note. Women and their ways..

But the dad did the right thing especially being the wise investor that he is. Money is not enough to invest in your children's life.
It is not always about school fees and latest toys. Any kid can have a toy to play with but not every kid has a father. Some Mothers are also guilty of negligence.
Don't lose the love of your family for something as common as money.

urhoboman: I don't gerrit!! Why quite the job? This can't happen in naija.
At the age of 10, if my dad travels its like a public holiday for me.

The OP didnt complete the news...i just read it on Daily Mail that:


PIMCO and its owner, Allianz, confirmed the probe after a report in the Wall Street Journal said the SECURITIES investigation into the $3.6 billion exchange-traded fund has been going on for at least a year but has picked up pace in recent weeks

well, the only question is how is nigeria involved because we can all guess nigerians are also eating some of this pie.

wow! there's is always need for that family bond at a young age so that the child can easily open up to u in the future,

discuss certain issues with u that most children would rather discuss with friends.

As a child u won't be afraid to take risks that will lead to a personal bright future because u know your parents support u all the way

lack of fatherly bond from the onset makes the child stay very far from u in the future

naijathings: I bet the mother has a hand in writing that note. Women and their ways..

But the dad did the right thing especially being the wise investor that he is. Money is not enough to invest in your children's life.
It is not always about school fees and latest toys. Any kid can have a toy to play with but not every kid has a father. Some Mothers are also guilty of negligence.
Don't lose the love of your family for something as common as money.

Your Child/Children would most certainly be proud of their father !

StealthyMe:

Your Child/Children would most certainly be proud of their father !

May good fortune, wisdom and strength not fail us in handling our family and friends. Amen.

Have we ruled out the 'remote control' scenario?

naijathings:


May good fortune, wisdom and strength not fail us in handling our family and friends. Amen.

A big Amen to that!

Nigerian man fit do this one ? Akuko uwa. Na to chop Isi ewu, drink beer, sneak enter house by 2 am dem sabi .dem no even know Wetin be PTA meeting.

Still 99%. Never changes