erik: i have to use pemco to compare. we did something that the press would observe at the end of the month or the end of the quarter, but the market would note -- you can do billions of dollars in trade without word spreading. the state of california was the big cheese. everyone was always asking -- what are they doing? that is one of the disadvantages of being big. it gives the market the opportunity to work against you, or two anticipate -- or to anticipate going forward. erik: coming uperik:, bill gross tells me there is only one thing better than outperforming the market. les find out how much of his wealth he has given away. mr. gross: it is not staggering. ♪ erik: welcome back. investors ask only one thing from a fund manager -- performance. and that is all bill gross used to ask it himself. now that he is 71, he faces success in different terms. mr. gross: i define success differently now than five or 10 years ago. success in the early years was business-related, asset growth related. family was related to how wil

of pemco. >> something is going to break. either we're going to tip into a much better world or we're going to find we get even lower growth, and we get what janet yellen and others are worried about, financial instability. >> rose: funding for "charlie rose" has been provided by: >> rose: additional funding provided by: >> and by bloomberg, a provider of multimedia news and information services worldwide. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: marco rubio the republican senator from florida announced his plans to run for president last month. he sits on the senate foreign relations committee and the intelligence committee. he outlined his foreign policy doctrine earlier today at the council on foreign relations. i spoke with him following his remarks. here's that conversation including some questions from members of the foreign relations council. in previous conversations with me, you have said that one problem said is that we're trying to fix 21st centur