Wednesday, 22 October 2014
Last updated 13 hours ago
Jul 12 2010 | 8:45am ET
Citadel Investment Group founder Kenneth Griffin has lost the woman he credits with making him a success: His 98-year-old grandmother.
Genevieve Huebsch Gratz, a businesswoman in her own right who managed the family’s three farms, seed and oil businesses following the deaths of her father, brother, mother and husband in the late 1950s and early 1960s, died on July 3. Griffin told the Chicago Tribune that the cause was old age.
Griffin said his grandmother paid his way through Harvard University, as well as for college for her four other grandchildren. He told the newspaper she was a great source of “unsolicited advice” and taught him the value of hard work and kindness.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...