Ken Griffin's Citadel Securities just said they were able to sell ~80% of the "risk" they bought from Leopold Aschenbrenner’s Situational Awareness - CNBC
Ken Griffin told a 25 year old rising star to sit down.
How it happen:
> Calls for an emergency rate hike
> More liquidations hit
> No rate hike
> Buys billions of Situational Awareness holdings
> Says the AI bull case is intact
> Markets rally
> Sells ~80% of the risk back into the strength
Ken Griffin is Ruthless.