Being a Computer Nerd Was a Good Thing, Says Citadel's Griffin

The transcript discusses the journey of a computer enthusiast who leveraged his passion for technology and investing to achieve success. Starting with a love for computers, he pursued his interests at Harvard, where he innovatively accessed real-time stock data. This led to the founding of Citadel, a firm that has seen significant financial success through distributed decision-making. The expansion into market-making with Citadel Securities further solidified the firm's impact, accounting for a significant portion of daily trades.

What innovative solution did the speaker implement at Harvard to access real-time stock data?

• Installed a satellite dish on the dorm

• Subscribed to a financial newspaper

• Used a public library computer

• Relied on a friend's data feed

What is a key factor in running a successful firm, according to the speaker?

• Hiring the most employees

• Focusing solely on profits

• Taking ownership of mistakes and successes

• Avoiding risks at all costs

How many annual losses has Citadel experienced in over three decades?

• Ten

• Two

• Five

• None

What significant business move did Griffin make in the early 2000s?

• Invested in real estate

• Opened a retail store

• Entered the market-making business

• Started a tech company

What is the contribution of Citadel Securities to daily trading?

• One in ten shares

• One in four shares

• Half of the shares

• All shares