House of Ken Griffin - The Story of Citadel | A Documentary

In this short documentary, we reveal the history of Citadel and how Ken Griffin built it to be a $30 billion hedge fund! He started out trading options and that is how he made his first million. Check it out and let me know what you think!
My research for this video mostly comes from two books. You can check them out here - amzn.to/2Kg86G6 (More money than God) and amzn.to/37yU6jh (The Quants).
Hardware - I used my Alienware Laptop (amzn.to/3htVJSU) and Nvidia Quadro p6000 in a Razer Core GPU Enclosure (amzn.to/3aTSrqN).
Visit finaius.com to access our Quant model for capital markets.
Instagram: falcon.xu
LinkedIn: linkedin.com/in/rocky-xu-0487498b/
#hedgefund

[@Finaius]

*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.

[@andreseloycondorisardinas5368]

.

[@trill711]

Quantitative is the way

[@user-dn6ht6bo7r]

Hi! Do you have a list anywhere with all the books you recommend regarding Economics, finance etc

[@Nottotv]

Bs video.. Why don't you show how he really cheats and make money using PFOF.. Thumbs down for you worshipping these white collar thieves

[@rjbarbour]

I’m reading Quants and was looking for interviews and short docs about “The Players” to help visualise them.

[@tophawg]

Persistence and commitment won’t win for you this time 😂. We’ll continue holding 👍 thanks for the tip 👌. 2008 bail won’t save you this time.

[@kurdi4467]

That was my takeaway from this Aswell! We need to work as a team. Share that on reddit or sum shit

[@ReclaimerX]

Anyone else think Kenny boy would look pretty good in orange?

[@trouaconti7812]

Oh yeah, orange jumpsuit or rags. His choice

[@ReclaimerX]

"Welcome to Wendy's, may I take your order?" - Ken

[@sam73box]

I got a couple yards he can mow

[@ReclaimerX]

@@sam73box Gotta save up so he can afford that avocado toast

[@Qantum802]

Idk, not sure he's gonna be able to afford orange. Free is gonna be too expensive for him.

[@phdupont2500]

And if persistence and determination don't work, we cheat our asses off.

[@jerryware1970]

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.

[@daiko9593]

HODL 💎🚀

[@joeryderrichardson6249]

​@@jerryware1970 Everyone needed a government bailout in 2008. Even JP Morgan.

[@preiudeh22a]

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

[@Adventuresofblxckanddraco]

This has aged gracefully

[@connormilligan822]

Ricky Day this is again aged gracefully

[@p.p.8624]

You fools are gonna lose all your money.

[@davidleekotewa]

@@p.p.8624 not a single chance of that happening... I dare you to short AMC tomorrow

[@connormilligan822]

P.P. Lol ok buddy

[@MsTickle]

CITADEL GOING DOWN!!! 🦍🦍💎🙌

[@daiko9593]

HODL 💎🚀

[@joelt708]

And then he lost it all betting against the APEs

[@kitzchim]

hes.....still worth 16.1 billion dollars?

[@neborailing8235]

@@kitzchim you realize its still going on and is still losing billions of dollars every month right?

[@Qantum802]

I'm looking to get a big ol' bag of chalk please aid me

[@Qantum802]

@@kitzchim haha didn't know he was that broke

[@Qantum802]

@@neborailing8235 don't forget his ex-wifes requested +1mil monthly

[@ForMindlessConsumption]

You couldn't have posted this video at a better time. Thanks for the context

[@theoatmilkman3128]

Companies who short other companies especially during Covid are the worst

[@goynwa7110]

Well bud shorting is a good thing because some companies are fraud pyramid schemes that’s why shorting exists it’s not all bad

[@theoatmilkman3128]

@@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

[@InJunoWeTrust]

hahahahahahah

[@progressivelydumber8451]

*the best, wish there were more of them

[@goynwa7110]

@@theoatmilkman3128 bro don’t act like you’ve been trading for a long time when you started trading because you heard of a short squeeze

[@Uns46]

I love his book "Cheat the Market!" Now I want to read "My Life in Prison"

[@patriciasanchez2639]

They won’t go to prison.

[@daiko9593]

HODL 💎🚀

[@nicolailongo8846]

His story is narcissistic & egotistical. Karma is teaching him a lesson about thinking of others.

[@DaedalusR]

That’s literally every individual this channel covers. You’re just on the receiving end of this one so you finally care lmfao

[@ChrisIHill]

KEY LINE FROM THE MAN HIMSELF: “determination and persistent almost always wins the day” We beat him at his own game 😂😂

[@fransliszt]

What?

[@aironenise]

No u didn’t fool 😂

[@zdavidzz]

its how I fixed a transmission for $4 after my friend let it sit at a garage for months. they couldn't figure it out!

[@lockeshop]

apesneverleaving!

[@daiko9593]

HODL 💎🚀

[@simonhsu8399]

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]

This is the point, yes!

[@ajcook7777]

@@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?

[@henrygumo6955]

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

[@jasboyh9586]

He's a crook

[@randomz8065]

no dumb man gets in that situation, only a smart man does.

[@ad-re9bf]

lol using deepfakes. the commitment to production value

[@Finaius]

😂

[@ZenTradeGame]

Genius 👏 😂

[@maxcroce6216]

lol, ken griffin wearing the stone island

[@archimedes2261]

Lol I thought some was odd one moment I see Kevin Spacey then next ken Griffin 😁

[@shadaxgaming]

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

[@nathanbarnhart7823]

What's amazing to me, is Citadel will get Margin called... and this guy's bonus will still be billions.

[@daiko9593]

HODL 💎🚀

[@eduardodominguez688]

Amc

[@classicphysique9493]

@@daiko9593 dang how’s that going bud

[@Finaius]

Correction - Netflix' annual revenue was close to $20b. $6.4B was the quarterly revenue.

[@Uns46]

not for this year. AMC 🚀

[@trewpapuga2]

Who gives a shit

[@scotm721]

I very deeply respect his hustle in his early years. He's obviously a smart dude, but money corrupts and he'll get his eventually.

[@n9neofilmtre395]

Don’t hate the player hate the game

[@daiko9593]

HODL 💎🚀

[@smokingbeetles5793]

Just waiting for SEC to do something.

[@xgengx7530]

@@smokingbeetles5793 you'll be waiting for all eternity.

[@user-oz3vl4xd1k]

Yeah cause wall street crooks always get theirs right?

[@cmat4615]

"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.

[@roberttheiss6377]

Truth. Though maybe not even forgotten, just blinded by ego and greed.

[@BerriBerriJam]

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.

[@jmitterii2]

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.

[@changsterville]

He’s one of those people you keep around in a zombie apocalypse just in case you need to shoot someone in the leg.

[@zackalakoozaii5879]

Amc to the moon 🚀

[@vilja1]

To the moon man. 78% interest marking this moment in history lol

[@bellagizmo294]

Came to say this

[@MiguelRamos-hx9fj]

AMC to the moon!!!!!!!!!!

[@DrKampfpudding]

AMC to mars !

[@quinn2002]

To the moon

[@realtimeforextraderthebrut8571]

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!

[@GenesisXtr3me]

I wish Citadel went bankrupt that one time. This guy Ken, needs to go to jail.

[@TWWIW]

I expected to see a few million subs after I watched this. These vids are gold. You sir deserve more subs. Great content.

[@albondiga4975]

We are coming for you #AMC500k

[@nickfehrenbach382]

Are you projecting the share price to reach 500k or are you banking on the amount of shares you hold to cash out at 500k?

[@albondiga4975]

@@nickfehrenbach382 Both

[@steveg8660]

You should have left the casino when you were up Kenny!

[@aretonsenner6664]

make the story of how citadel went bankrupt trying to fuck over retail

[@PiOfficial]

How did citadel try to fuck over retail?

[@brianwallace7736]

@@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

[@poggersegg8157]

@@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.

[@Cutelilfamily]

This is such an interesting watch given current events with AMC and GME. Guess his luck ran out this year!

[@MeSoOnFire]

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! 🚀

[@David-on9mk]

The core of our business is manipulating the market and stealing from the little guy, but will just tell you were providing liquidity.

[@Tolstoi-yq6tw]

That’s bs

[@David-on9mk]

@@Tolstoi-yq6tw I know it is F Ken Grffin

[@Bashi808]

Dude has the biggest house in america, and still wants more..

[@kentheengineer592]

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

[@kentheengineer592]

what is your point with "and still wants more"

[@alainportant6412]

@@kentheengineer592 what you are trying to say is unclear

[@Nottotv]

Greed that's why they do illegal stuff to get our money.

[@kenvischi1047]

it's America not the URSS

[@BLUEGENE13]

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.

[@theryman4124]

He’s smart but he’s a crook. He better get his checkbook ready and pay me and every other ape our millions of tendies. AMC 600k!

[@armandmorin5016]

to bad he didn't keep up with the evolution of the market. Citadel is the new kodak. AMC to the Moon

[@digiflex8550]

Hell yeah waiting for the bankruptcy update!

[@MrJupton1]

Finaius... Great doc! Simons and Griffin different styles but best in the business! (Ok, Simons long retired)

[@roryivey]

Big gains when you're using phantom/fake shares. It's like trading real leaves for money and pretending you're accomplishing something great.

[@alexacohen12]

Bulls make money, Bears make money, but Pigs get slaughtered. 💎🙏🚀🌛

[@nickfehrenbach382]

And Apes get rich

[@84zero00]

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.

[@mikefatah]

Not sure how you produce these magnificent clips, but Kudos! Damn fine work!

[@jonforight9894]

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.

[@massawakening1072]

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❤️❤️❤️

[@satioOeinas]

Well what happend?

[@brandoelee6161]

Idk this guy seems pretty shady to me. Good ole SEC should check out what he’s into these days…

[@puffyhands1512]

As if they don't know...

[@aGr3atD4y]

Great video! You continue to make some of the best short documentaries in yt!

[@quinn2002]

Might as well learn about the man I going to bankrupt. AMC to the moon

[@Inquiring]

Your content is amazing.

[@wahidkhalid1]

Thanks a ton for videos like these. Please keep them coming.

[@LaPlasita47]

now i understand why he can't let this go his ego would be destroyed. HODL!!

[@wendyrosee]

I HAVE INCURRED SO MUCH LOSSES TO TRADE ON MY OWN,I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED.

[@Mayor1248]

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?

[@maureen...]

I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits than just holding.

[@maureen...]

Kate Floretta in stagram

[@maureen...]

Kate Floretta Face book

[@maureen...]

Google "katefxfloretta" anywhere take classes and learn to trade.

[@PCproffesorx]

Production value on these videos is insane. Keep it up man you deserve 1 million + subscribers.

[@verdeandrettiiforeigncoupe8174]

AMC baby

[@irishviking4971]

This companys corruption makes me sick...AMC to the moon!

[@DrKumkar]

This was great btw, well done

[@lololumi]

Awesome work. Entertaining and informative.

[@johnnyayala8438]

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.

[@alexprempeh1534]

Love this channel. Keep up the good work

[@Wa7edmenalnass]

This Chanel is badass.

[@brianthai8018]

He was so determined that he naked shorted AMC

[@jonathannegrete4649]

AMC holders be like: TELL EM TO BRING ME MY MONEY✊🏽

[@mttgtz8118]

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!

[@kenaultman7499]

Where's the tendies Kenny G? Huh? We want out tendies! Amc $500k 🦍🚀💎🙌

[@mrobin24181]

Great docu. Not a lot of videos I’ve seen on this guys... as a small time investor from chicago this guy is definitely inspiration.

[@codyi4665]

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

[@mikeb8414]

lol right, its available on Amazon for $200

[@mikibaer358]

I love ur documentary’s

[@Finaius]

Thanks!!!

[@michaelnangel]

The final boss! The last level!

[@ryosaid]

“Determination and persistence almost always wins the day” - AMC

[@jamesselden5407]

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.

[@josephwehby9313]

Probably because Chicago is where the main options exchange is the CBOE

[@NealIRC]

@@josephwehby9313 and James can you believe, Griffin moved Citadel to Miami. And what is the advantage of Chicago's CBOE over New York's Wall Street?

[@jessicamaldonado9056]

Don’t worry guys we’ll send little Kenny a $600 stimulus check :)

[@rahulthukaram]

Well…this didnt age well

[@diegososa5280]

Top quality production

[@fairshake1518]

KOSS, AMC, GME, EXPR still here and will be here

[@wushu1984]

Really enjoyed this. Good work

[@Finaius]

Thanks, means a lot.

[@zdavidzz]

Part I? Very well structured and narrated... I can see the hints unfolding....

[@JG-sg7yy]

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]

Alec? Why not Tom? Did the exact same thing but much more successfully

[@JG-sg7yy]

@@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.

[@tomgriffiths2272]

@@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

[@JG-sg7yy]

@@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?

[@tomgriffiths2272]

@@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

[@19kidkid]

these videos are golden !

[@Finaius]

🫂

[@linkus8303]

Wow! That’s an insanely nice documentary. Do you mind sharing what movie are some of the clips with older Ken Griffin from?

[@tibo6391]

Awesome Video. Keep it coming 😁👍

[@Theshow1797]

Boy I can’t wait for them to make part 2 of this movie .....AMC 500k! 🦍🦍🦍🦍🦍

[@mayankyadav474]

Thanks for this video !

[@Sebastian-qx3fu]

Men, I love learning and inspiring from your videos. Thank you so MUCH😎

[@kikolatulipe]

Synthetic casino !

[@jeffgraham6196]

hold the line

[@kwakuas.9204]

i consider this my christmas present. THANK YOU!

[@Finaius]

OMG, thanks! Merry Christmas!

[@RippedMr]

Love the cabin backdrop...lol

[@stlil3101]

AMC🚀🚀🚀🚀 APES NEVER GIVE UP

[@MusingsfortheMindEyeTarot]

Well done 👍 Thank you

[@gordongordon98]

This is great!

[@sam73box]

Seems Ken's lived a good life. Time to share with others. It's okay Ken, you were doing it in the best of times. Let it ride....let others enjoy this ride we all have left

[@dracks.3590]

Lol then the apes came in

[@ammjay384]

🦍🤝💪

[@kayombomasuwa3056]

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.

[@MotaRolla]

About to find out what happens when rich dudes go broke.

[@rebelradio71]

Brilliant video, mate! Love it

[@sethgainey8491]

Great video. Well done

[@richardwangombe5657]

Amazing content

[@swatson0061]

Hopefully we can lighten his bank account a little. AMC to the moon!!!

[@mzar62458]

Good work on the video

[@Kubaaano]

The timing of this documentaries release is hillarious

[@EE-tg9yz]

The House of Griffin or "The Mansions of Griffin"

[@Finaius]

Very fitting

[@ginorako2176]

Well done video!

[@raultineo772]

I would be as wealthy as he is if ONLY I was able to manipulate the market like this gentleman does.

[@deepdeception7953]

He came from nothing, regardless of his greed he came up and wasnt given the ability to manipulate markets he earned it by putting himself in a position of power. Whether u like it or not respect the hustle.

[@user-mq6lr5ze9q]

Good, but too short. Nothing said about Citadel Securities. I suggest at least making part 2

[@thequranreader1109]

Really appreciated the video. I'd like to ses on one my idol the one and only Daniel S Loeb of ThirdPoint hope to see it released