Heidi Gutman/CNBC/NBCU Photo Bank/NBCUniversal via Getty Imagesand start reading now.
But with the firm hitting its three-decade anniversary — surviving several market crashes, presidential elections, and now a pandemic — Griffin told employees in a memo sent yesterday that "there was one truth I held dear" back in 1990 that helped get the firm from where it was then to the $35 billion behemoth it is today.
Citadel, which was partially seeded by Griffin's mentor Frank Meyer, the founder of Glenwood Capital Investments, has already cemented its name alongside the most successful hedge funds of all time, like Julian Robertson's Tiger Management and George Soros' eponymous firm. LCH Investments has put Citadel as the third-most profitable hedge fund of all time behind Soros and Ray Dalio's Bridgewater, and found that, as of the end of last year, Citadel has returned a net of $35.
We are all coming for you Griffin when our collective taxes are raised.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside the tragic last months of ex-Zappos CEO Tony Hsieh - Business InsiderTony Hsieh sold Zappos for $1.2 billion in his 30s. He was dead by 46. Inside his final Park City months, where he hoped to deliver more happiness as he spiraled.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside high-end custom pianos with Steinway & Sons CEO, Lenny Kravitz - Business InsiderInside the highest end of high-end pianos, with classic brand Steinway & Sons and its newest collaborator, Lenny Kravitz wow
Source: BusinessInsider - 🏆 729. / 51 Read more »
Webinar: Inside private-equity recruiting at Carlyle, Apollo, Bain - Business InsiderJoin us on Thursday, December 3, at 1 p.m. ET, as Business Insider's Wall Street reporter reedalexander moderates a panel featuring four experienced recruiters from top private-equity firms. They'll share tips on how to make it in the industry and more.
Source: BusinessInsider - 🏆 729. / 51 Read more »
'People are seriously pissed': Inside Google firing a top AI ethicist - Business InsiderInside Google's firing of a top AI researcher, and the academic paper that started the battle: 'People are seriously pissed' nice I love it when these folks find out they’re working for a publicly traded company and not some university/etc — welcome to the real world of actions and consequences. Neuralink will be in next job
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside Arbol Market, a climate change-focused insure-tech startup - Business InsiderA new start-up run by a former Citadel quant is trying to create a better way for farmers to protect their crops from climate change
Source: BusinessInsider - 🏆 729. / 51 Read more »