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Ken Griffin Says Traders Who 'Go On Defense' Always Lose Money, Citadel Founder Warns Crowded Safe Trades 'Where The Losses Are'
1 year ago
Citadel founder Ken Griffin told the hedge fund's 300 incoming summer interns that investors who "go on defense" during market turmoil almost always lose money, and he advised them to park cash rather than crowd into so-called safe trades.
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