*The Quants* (amzn.to/37yU6jh) is a really great book for studying the Hedge Fund industry. I also read Thorp's book *A Man for All Markets* (amzn.to/2KZhMED), which is both informative and entertaining.
This is the King of greedy hedgepigs. Were in the endgame now. This guy is the final boss. Hes doing everything he can to spread fear uncertainty and doubt. Do not fall for it #HODL #AMC #APES
He was bailed out in 2008, too big to fail. How good is someone if they needed a government bailout? He’s good, but everyone would bet the house knowing the government would step in if things went bad.
i have never seen house of cards, and i was like wow, is it just me or does ken griffin look strikingly like kevin spacey? then i saw the picture of him as a kid at 1:43 and lmao, i thought the whole video was supposed to be a joke at that point
@@goynwa7110 That might of been their original intention, but since I've been alive they have only caused the economy to crash. They are out dated and should not be apart of our financial institution
A smart man, no doubt. But also has the advantage of large capital and small inner circles that also controlled large capital, making it easy to manipulate the market.
@@Finaius No one gets that rich without screwing over a lot of people....they are ruthless and are constantly looking for vulnerabilities in their competition... I want to know who used the Hacker Gummo (watch both Soft White Underbelly interviews) to set up a bi-directional communication line between the CME and the NYSE...someone in Chicago used him to do this and I think this is how he is able to exploit price arbitrage so well....what do you think FINAiUS?
also perfect timing, running a hedge fund in the deregulated environment in Reagan era. This also eventually led to financial crisis of 2009 which of course tax payers paid for but by then this guy made his billions
You are absolutely right I keep loosing in real trade but win in Demo. Should I give up on Trade? What should I do? How may I do better? What I'm I doing incorrectly?
@@PiOfficial working with media to creat bullshit hit pieces against companies he has short positions in. Creating fake sell offs with short ladder attacks etc
@@brianwallace7736 Including apex clearing firm (webull robinhood etc.) that are force feeding data to citadel firm, naked shorts and synthetic shorts. same with what happened with GME.
"Determination, persistence, almost always wins the day". Ken Griffith has forgotten that it was the epoch that made the man as opposed to the man that made the epoch. There is a great difference between being early in 90s, being late and almost lose everything in 2008, and being a scrutinized whale in a crowded market in the 20s.
jsyk a lot of hedge funds have had to lower the "2 and 20" model, because of substantial glut in the industry's performance over the last 5 years. Plenty of big hedgefunds don't charge as much as 2 and 20 anymore.
Another superb video!!!! There is always something to be learnt from those at the very top of their field. Ken Griffin and Ed Thorp are definitely at the top level!
it's not about the having enough but rather doing enough that counts or basically doing your best strive towards achieving greatness learn how to manage your time by finding your priorities example the same amount of time energy and effort it takes to obtain $100M you could have obtained $100B example real estate luxury market for the $100M vs commercial real estate for skyscraper construction for $100B
Well, I respect that he is an intelligent man. But karma is real. He is going to pay for it. Shorting AMC is going to be his biggest mistake in his life.
This is very telling. What was Ken Griffin's fundamental strategy since his college days? His go to position is to SHORT. Short by starting with put options.
He strangles the market... he does both puts and in the first case warrants which were a long position. Over your head I know... but hew as betting for a big movement either way. And he got it.. that time to the down side. he cut his warrants, and was able to ride and cash out of his puts that made well beyond the long position he dumped. Goes the other way, up... then he would have dumped his puts for a relatively small loss, and let the warrants ride up and cash those bad boys in for a huge 10x or so profit on total strangle trade.
A king has his reign, and then he dies. It's inevitable. That is the natural order of things. The dispossessed masses have organized and conspired. They call for balancing the scales, they demand the kings head and all the wealth that he has accumulated. And when the clock strikes on that fateful day the masses shall, in one euphoric voice, cry out that the king's reign has come to its bitter end.
Free from the shackles of debt forged with the fire of fear and closed with the lock of seperation. We found the key of community and truth and mass awakening❤️❤️❤️
I mean sheesh, I really had a different view towards ken before I saw this vid but I'm just neutral now. I understand now, kind of, who he is. He took advantage of the talent he was given and executed to his best ability. Sucks to see a grandmaster underestimate the pawns though, I hope he gives back to the financial world in healthy, progressive form after this is all over. I'm thankful to have unlocked this door (i.e the gme, amc, and market corruption type 'ish) and I can't wait to see major events unfold soon (I won't be dancing). Good vid!
I've known about Ken Griffin for a while - long before he was well known by the general public. My best friend at the time was a software developer in the Chicago office. If you work there, you are smart. A high performing culture that demands top performance and the brightest minds. Only until recently Ken has started to speak to the media, he was always very secretive before (but aren't all hedge funds?). Always wondered by Citadel is based in Chicago and not in New York. Perhaps he will move the fund to NYC in the future.
Beat the Market is the only book I've known to go out of print and vanish forever. Good luck finding a copy. I've been looking for 5 years. Must be some useful information in there
you cant short a stock by buying put option.... They are both a negative bet. Not the same. A short can be unlimited loss a put option only the premium.
Great content. Please do one on either Alec Gores or Robert Smith from private equity. I am interested in seeing how Alec built his firm through divestitures and from scratch without any institutional money initially and how Robert Smith strategically although a criminal tax offense used his first investors' money from his company to set himself up a PE fund launch in the hundreds "almost billion" dollar range.
@@tomgriffiths2272 Oops yeah Tom as well actually. More so interested in the Brockman guy that helped shape Robert Smith's processes at Vista. Yes Brockman is a convicted felon but he clearly has a great playbook on how to run a SaaS company in the most lean and efficient way possible. I would be very interested in learning about Tom Gore's first few deals because his IRR on those deals were very huge.
@@JG-sg7yy yep, personally I’d love to hear Finaius take on the early days Gores $1 and “pay me” divestiture deals. There’s a whole family tree of PE firms, mostly in the LA area, that have spun off from Tom and Alex. They start with no LPs focused on $1 divestitures and grow from there. It’s become like the Parcells coaching tree of PE
@@tomgriffiths2272 Wow that is super cool to know. Very interesting. I was always fascinated by the divestiture deals. Which other firms in the LA area (names if you are willing and able to provide) are these PE firms which have implemented the same divestiture playbook?
@@JG-sg7yy Ya it's a crazy niche of the PE world. Here's a few off the top of my head in the LA Area, most of whom have some connection to Platinum/Gores... Opengate Capital Skyview Capital Regent LP Diversis Capital Critical Point Partners Sole Source Capital Archetype Capital Kingswood Capital Atar Capital
TO ALL MY FELLOW APES! Next they’re going to make a documentary about all of us. Taking down the biggest goat in the game. Buckle up, see y’all on Pluto! 🚀
Very good :) now listen to this: i have made this year 67% on my portfolio thats more than 100% with compounding. Cant wait to play with big money like Ken to show that there is new supertraders out there :)
I started investing in June and made 100% in 2020, being quite a begginer and without high risk stocks... This year was very easy to make money on stocks, you should never feel too confident as it may lead to big looses. Good luck though
Could have my 2 year old daughter pick 5 stocks in June and she would've made 67% brother. Rookies think they can leapfrog the basics and refining your own skillset. Those are the ones that lose it all.
Without the volatility (which will come back down) can you pick apart an intraday chart? Can you make money when there's not random penny stocks and zombie companies rallying 100% in a day? I kind of doubt it. You'll learn it would be much more preferable to NOT be successful trading at first. When the dark days come most people can't handle it.
Awesome videos and very informative, inspiring too. is it just me or all your videos are based off series from the blacklist and this one house of cards, even the music.
