正在加载视频...
视频加载失败
Ken Griffin's ultimate rule for survival is brutally simple when asked how Citadel survived a near-death experience in 2008 to become a $60 billion empire - he dropped pure reality: "we lost 50% of our capital and our flagship fund was down $8 billion - that's when you realize... show more
11 条评论

Everything citadel is doing now, Jim Simons at RenTec did it earlier, bigger, and better. In money managers of all and any stripe - Jim is at the top, bar none. Rest in peace.

The Fed bailing him out multiple times helped even more

Yeah, that's why whenever there's some hiccup, the market fucking breaks, and no one can execute. Because they are a dogshit market maker. Taking some risk would be the whole point of being a market maker!

Survival in markets is mostly a liquidity discipline, not an IQ contest. The firms that last treat leverage as a temporary tool and cash as permanent optionality. Stress events punish crowded books first, then weak funding, then bad marks.

wow, it's really impressed me

survive first. win later. that's the whole philosophy.

Survival of the fittest! Ken's playbook is a wild ride. Sometimes you gotta hit rock bottom to build a skyscraper.

Such a world they live in

@Ksidiii lesson for everyone

Take away my money, strip me of all of these, but leave me my slaves, and in two or three years I’ll have everything again

“bookmark and watch him break down the reality of risk” absolutely going to do that!
