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arcdog3434 t1_j6peob2 wrote

Reply to comment by Odd_Explanation3246 in Ken Griffin's Citadel raked in $16 billion in 2022, marking the best year for any hedge fund - What are some of his short positions? by Dazzling-Cicada-2172

Yes I know how shorting works - I also understand that Citadels huge profits arent due to merely “sEcUrItiEs pUrChaSed nOt soLd”

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Odd_Explanation3246 t1_j6pfruz wrote

So go ahead explain how they actually made that much profit? Literally everything was in red last year except energy stocks..are you telling me they yoloed their entire portfolio into energy stocks? And yes “securities sold but not purschase” means they were massively short..infact they had more short positions than assets under management..

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