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hedge funds

3 thinkers, books, and ideas connected to this field.

Thinker

Ken Griffin

American hedge fund manager who founded Citadel at age 22 — building it into one of the world's largest and most successful hedge funds — and who started trading from his Harvard dorm room with a satellite dish to receive market data.

entrepreneurshipquantitative tradingcapital marketshedge funds
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Thinker

Martin Shkreli

American entrepreneur and convicted securities fraudster who became notorious in 2015 for raising the price of the antiparasitic drug Daraprim from $13.50 to $750 per pill as CEO of Turing Pharmaceuticals — becoming the public face of pharmaceutical price gouging — and who was subsequently convicted of securities fraud.

usahedge fundspharmaceuticals
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Institution

Long-Term Capital Management

The hedge fund founded by John Meriwether (and including Nobel laureates Merton and Scholes) that generated extraordinary returns through leveraged arbitrage before losing $4.6B and requiring a Fed-orchestrated bailout in 1998.

financehedge funds
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