I had to learn to trust people, and I realized that success was going to be born in hiring really bright people – very self-motivated, very able to make good judgment calls day in and day out.
It is often constructive to meet with a candidate for a particular office, but I believe what is most important is the candidate’s track record
Citadel’s Capital Market division plays an important role in our nation’s financial markets. Our broker-dealer is the largest market maker in options in the United States, executing approximately 30 percent of all equity option trades daily
When you read that UBS did not even view parts of its mortgage portfolio as having market risk, it becomes very obvious that a number of firms were not dotting the i’s and crossing the t’s when it comes to risk management.
Walk across any of the trading floors – they are full of 29-year-old kids. The capital markets of America are controlled by a bunch of right-out-of-business-school young guys who haven’t really seen that much
Almost all politicians are able to have a great one-on-one meeting. But Im not interested in the candidate who can have a great meeting. Im interested in the person who can make the right decisions.
Investors who find the best businesses to put their money behind are rewarded for their research.
The culture of rigorous questioning and open discourse at the University of Chicago has opened minds to ideas that have changed the world.
For choice, I prefer not to be a public figure. I don’t have Tom Cruise’s good looks. I don’t have a need to be on the front page of fill-in-the-blank.
It is my hope that visitors, artists, and students from around the world will experience all that MoMA has to offer for generations to come
One of the great advantages that I had in my career is I started trading 24 hours a day in my early 20s, and I had to learn to delegate to people.
I don’t feel I’m at liberty to speak about the actions of any one CEO. That’s not fair; given CEOs have duties to their shareholders.
there won’t be one, single global market. But there will be global investors.
Gambling is entertainment… Financial markets, what one often refers to as speculation, is really the force by which we move capital to the best and highest use.
We don’t have a good legal justification for breaking up the banking system.
The investment banks should either choose to be regulated as banks or should arrange to conduct their affairs to not require the stop-gap support of the Federal Reserve
If I could wave a magic wand, I’d break up the banking system.