Billionaire Citadel founder Ken Griffin explains why he modeled his firm after Goldman Sachs' analyst program — and says future leaders can't expect a 9-to-5 lifestyle and a 'great weekend'
This story requires our BI Prime membership. To read the full article,Billionaire Citadel founder Ken Griffin said the best advice he ever got was "spend your time with your strongest colleagues."
This approach and Citadel, Griffin said, was modeled after the old-school Goldman Sachs model, with its high expectations for analysts right out of school.The founder of the $32 billion hedge fund Citadel said in an Economic Club of New York talk with Goldman Sachs president John Waldron that the best advice he ever got was to "spend your time with your strongest colleagues," pushing them to be better than they already are.
He believes that he has to "forge our great talent" through pressure — a reason why he said he modeled Citadel after the Goldman Sachs that Waldron, who has worked at the bank for more than two decades, came up in.
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