In 2007, a rival fund called Ken Griffin on a Sunday needing to dump a $30 billion book before Monday's open to meet margin calls. The senior banker on the competing bid went to bed. Citadel owned all of it by 6AM. This is him telling the whole story -- the 50-person team assembled in hours, the all-nighter, and the banker on the competing bid who called from Greenwich to say he was going to bed: "And he said, look, it's getting late, this isn't gonna get done tonight. I'm heading off to bed, I'm telling my guys to go home, and we'll pick this up in the morning." "And I said, there will be nothing to pick up in the morning. We're going to get this done. he sort of laughed and hung up." "6AM before the opening of the markets, we bought that entire portfolio." The quote he lands it on, from President Lincoln: "Things may come to those who wait, but only those things left by those who hustle." Bookmark & watch ↓