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Friday, January 20, 2012

Ken Griffin - Citadel Q4 2011 Letter to Investors

It appears that Citadel has finally recovered above their high water mark. In 2008 the firm had a staggering 50% losses. But slowly and surely the fund has recalimed these losses. In 2011 they returned around 20% (pretty good considering the market). The letter is a little lovey-dovey and light on good intellectual nuggets.

Kenneth Griffin's year-end letter to investors

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