Kenneth C. Griffin is one of world’s top ranked hedge fund managers. He is the founder and CEO of Citadel, a Chicago based investment firm. Citadel is ranked amongst the largest and most successful hedge funds in the world with approximately $20 billion of assets under management.
Not even the first Wall Street investment manager to make more than $1 billion in a year could hope to challenge Wal Mart and come out on top.
Everyone has heard a tale of investors being defrauded, especially lately. While there are the Madoffs and Stanfords of the world, who just out and out steal from their investors, there are also rogue traders who, either by malice or incompetence (or both), have put institutions out of business.
In discussing basketball players who step up in the playoffs and elevate their game to do what it takes to win the National Basketball Association (NBA) championship, NBA analyst Kenny Smith remarked, “The great ones have short memories.”
Richard Driehaus is famous as founder of Driehaus Capital Management which produced compounded annual return in excess of 30% net of all fees over 12 years.
Well known within the trading community, Richard Dennis and William Eckhardt have forever changed the landscape of commodity trading. Not only amassing fortunes themselves, Dennis and Eckhardt created a whole school of trading which, merely off a bet, made 23 lucky students very rich.
Counterpunching is the key to success for legendary investor Paul Tudor Jones II, founder of the hedge funds group, Tudor Investment Corporation.
David Alan Tepper bets big and wins big on big banks and stocks. Appaloosa Management, the Chatham, N.J. fund he founded and manages, held more than $1.2 billion combined in the four biggest U.S. banks, according to a filing with the Securities and Exchange Commission, after he raised his bets on them during the fourth quarter of 2010.