Wednesday, August 11, 2021 6:00:25 AM
“ Citadel Investment Group is an investment management company registered in Chicago. It is ranked eighth on our list of 10 biggest hedge fund casualties of Reddit WallStreetBets' short squeezes. The hedge fund is run by billionaire Ken Griffin and has a portfolio value of over $400 billion, one of the biggest in the world. Although the fund was not directly impacted by the Reddit-backed short squeeze, it did help arrange close to $3 billion in capital for Melvin Capital that had been hit hard by the short squeeze.”
https://finance.yahoo.com/news/10-biggest-hedge-fund-casualties-170206625.html
"Be fearful when others are greedy, and greedy when others are fearful."
_Warren Buffett
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