Kenneth Griffin

Florida Gov. Ron DeSantis (R) criticized U.S. monetary policy on Friday, attributing silver’s historic surge past $103 per ounce to fundamental instability in the dollar. DeSantis Blasts Fiat Currency System “If the US actually had a stable currency you wouldn’t see silver setting...

Florida Governor Ron DeSantis (R) weighed in on the recent surge in precious metals, linking it to a broader crisis of confidence in the U.S. monetary system. The Rally Is An ‘Indictment of The Fed’ On Wednesday, in a post on X, DeSantis stated that the recent trajectory of gold and...

Economist Lynette Zang issued a stark warning about the future of the U.S. dollar and global monetary stability, pointing to the implications of President Donald Trump's “Genius Act” and the rapid rise of stablecoins. Stablecoins Will Usher In ‘Hyperinflation’ In an...

Venture capitalist Chamath Palihapitiya says China's relentless appetite for gold underscores a significant shift in global sentiments, as both governments and people seek to hedge against mounting geopolitical and economic risks. People And Governments Turn To Hard Assets On Wednesday, in a post...

As gold continues its ascent, surging past the $4,000 per ounce mark on Wednesday, economist Mohamed El-Erian said that this rally isn’t about fear in the markets, but rather a sign of something much deeper. Gold’s Rally Not Due To Investor Anxiety On Tuesday, in a post on X, El-Erian...

Billionaire hedge fund manager Kenneth Griffin is warning that a combination of persistent inflation and rising concerns over U.S. sovereign risk is driving investors to seek shelter in alternative assets like gold and cryptocurrencies. Gold And Crypto’s ‘Unbelievable’ Run On...

Cryptocurrency firms and their allies have emerged as the vanguard of political spending for the 2024 U.S. presidential election, spearheading a record-breaking $1.5 billion influx from top donors. What Happened: The shift in campaign finance signals a new era where digital asset companies are...

Kenneth Griffin, who began trading stocks in his Harvard dorm in 1987, is the founder, CEO and co-CIO of Citadel Advisors. In 2002, Griffin established Citadel Securities, now one of the leading market makers in the world. During the GameStop (NYSE: GME) short squeeze fiasco, Griffin was...

Apple Inc (NASDAQ: AAPL) stock trades the same price no matter what platform is being used to get exposure to a market. The same cannot be said for cryptocurrencies. Their rise has coincided with the development of hundreds of new exchanges. Liquidity is can be fragmented and this has bred...

Kenneth Griffin, the founder and CEO of the hedge fund Citadel and founder of the market maker Citadel Securities, says the latter firm is likely to move into market making for cryptocurrencies this year. What Happened: Griffin said in an interview with Bloomberg he was wrong about...

Editor's note: this story has been updated with additional details and a comment from Citadel Securities.  New York City has been on lockdown for all nonessential businesses since March 22 due to the COVID-19 outbreak. The New York Stock Exchange trading floor is shut down, and Wall...

Forbes was out with its compilation of the 25 highest-earnings hedge fund managers and traders. In the same vein, Benzinga is presenting readers with interesting facts about the 25 successful hedge fund managers/traders. 1. James Simons Of Renaissance Technologies Corp. The flagship fund of...

Managing a hedge fund just isn't what it used to be. The 25 highest-paid fund managers last year earned barely half what they made in 2013, according to an annual compilation by Institutional Investor's Alpha website. "The average earnings were just $467 million last year, down...

The incredible rally in equity and credit markets in 2009 has translated into some jaw-dropping earnings figures for the world's top hedge fund managers. In fact, it is a record. The top 25 managers brought in a collective $25.3 billion. These figures include both the estimates of each money...

Hedge fund giant Kenneth Griffin lost $8 billion in investors’ money last year, but the Wall Street Journal says he is now trying to persuade investors to trust him with more money. Griffin explains a loss of $8 billion of other people's money by saying he showed human fallibility, which...