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Kenneth C. Griffin
Kenneth Cordele Griffin (born October 15, 1968) is an American hedge fund manager, entrepreneur and investor. He is the founder, chief executive officer, co- chief investment officer, and 80% owner of Citadel LLC, a multinational hedge fund. He also owns Citadel Securities, one of the largest market makers in the United States. As of March 2025, Griffin had an estimated net worth of $42.2 billion, making him the world's 34th-richest person. He was ranked 22nd on the 2024 ''Forbes'' 400 list of richest Americans. He was included in ''Forbes'''s 2023 list of the United States' Most Generous Givers, according to which he has donated $1.56 billion to various charitable causes, primarily in education, economic mobility, and medical research. Griffin has contributed hundreds of millions of dollars to political candidates and causes, usually Republican or conservative in ideology. Early life and education Griffin was born in 1968 in Daytona Beach, Florida, the son of a building sup ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daytona Beach, Florida
Daytona Beach is a coastal Resort town, resort city in Volusia County, Florida, United States. Located on the East Coast of the United States, its population was 72,647 at the 2020 United States census, 2020 census. It is part of the Deltona–Daytona Beach–Ormond Beach metropolitan area, and is a principal city of the Halifax area, Fun Coast region of Florida. Daytona Beach is historically known for its beach, where motorized vehicles are permitted on some hard-packed sand beaches. Motorsports on the beach became popular, and the Daytona Beach and Road Course hosted races for over 50 years, replaced in 1959 by Daytona International Speedway. The city is the headquarters of NASCAR. Daytona Beach hosts large groups of tourists, and notable events include Speedweeks which attracts 200,000 visitors to the Daytona 500. Other events include the NASCAR Coke Zero Sugar 400, Daytona Beach Bike Week, Biketoberfest, and the 24 Hours of Daytona endurance race. The city is also a hub of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Electric
General Electric Company (GE) was an American Multinational corporation, multinational Conglomerate (company), conglomerate founded in 1892, incorporated in the New York (state), state of New York and headquartered in Boston. Over the years, the company had multiple divisions, including GE Aerospace, aerospace, GE Power, energy, GE HealthCare, healthcare, lighting, locomotives, appliances, and GE Capital, finance. In 2020, GE ranked among the Fortune 500, ''Fortune'' 500 as the 33rd largest firm in the United States by gross revenue. In 2023, the company was ranked 64th in the Forbes Global 2000, ''Forbes'' Global 2000. In 2011, GE ranked among the Fortune 20 as the 14th most profitable company, but later very severely underperformed the market (by about 75%) as its profitability collapsed. Two employees of GE—Irving Langmuir (1932) and Ivar Giaever (1973)—have been awarded the Nobel Prize. From 1986 until 2013, GE was the owner of the NBC television network through its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Satellite Dish
A satellite dish is a dish-shaped type of parabolic antenna designed to receive or transmit information by radio waves to or from a communication satellite. The term most commonly means a dish which receives direct-broadcast satellite television from a direct broadcast satellite in geostationary orbit. History Parabolic or "dish" antennas had been in use as radio telescopes (beginning in 1937) and airplane tracking by the military (during WWII) long before the first artificial satellite was launched in 1957. The term ''satellite dish'' was coined in 1978 during the beginning of the satellite television industry, and came to refer to dish antennas that send and/or receive signals from communications satellites. Taylor Howard of San Andreas, California, adapted an ex-military dish in 1976 and became the first person to receive satellite television signals using it. The first satellite television dishes were built to receive signals on the C-band analog, and were very lar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Convertible Bond
In finance, a convertible bond, convertible note, or convertible debt (or a convertible debenture if it has a maturity of greater than 10 years) is a type of bond that the holder can convert into a specified number of shares of common stock in the issuing company or cash of equal value. It is a hybrid security with debt- and equity-like features. It originated in the mid-19th century, and was used by early speculators such as Jacob Little and Daniel Drew to counter market cornering. Convertible bonds are also considered debt security because the companies agree to give fixed or floating interest rate as they do in common bonds for the funds of investor. To compensate for having additional value through the option to convert the bond to stock, a convertible bond typically has a coupon rate lower than that of similar, non-convertible debt. The investor receives the potential upside of conversion into equity while protecting downside with cash flow from the coupon payments a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Convertible Arbitrage
Convertible arbitrage is a market-neutral investment strategy often employed by hedge funds. It involves the simultaneous purchase of convertible securities and the short sale of the same issuer's common stock. The premise of the strategy is that the convertible is sometimes priced inefficiently relative to the underlying stock, for reasons that range from illiquidity to market psychology. In particular, the equity option embedded in the convertible bond may be a source of cheap volatility, which convertible arbitrageurs can then exploit. The number of shares sold short usually reflects a delta-neutral or market-neutral ratio. As a result, under normal market conditions, the arbitrageur expects the combined position to be insensitive to small fluctuations in the price of the underlying stock. However, maintaining a market-neutral position may require rebalancing transactions, a process called dynamic delta hedging. This rebalancing adds to the return of convertible arbit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Institutional Investor (magazine)
''Institutional Investor'' magazine was a periodical published by Euromoney Institutional Investor. It was founded in 1967 by Gilbert E. Kaplan. A separate international edition of the magazine was established in 1976 for readers in Europe and Asia. The magazine ceased its print format in April 2018. History Capital Cities Communications purchased the magazine in early 1984. The Walt Disney Company bought Capital Cities in 1996 and sold the magazine to Euromoney one year later. ''Institutional Investor'' has offices in New York City, London and Hong Kong Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the wor .... In 2018, Institutional Investor became digital only. In March 2021, it was announced that Diane Alfano, the CEO of Institutional Investor, would be stepping down effective Jun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Home Shopping Network
HSN, Inc. an initialism of its former name Home Shopping Network, is an American free-to-air television network owned by the QVC Group (formerly Qurate Retail Group), which also owns Catalog merchant, catalog company Cornerstone Brands. It is based in West Chester, Pennsylvania. As of July 2014, Joy Mangano holds the record for most units sold in a day with 216,000 units of pillow sets. History The forerunner of HSN was launched by Bud Paxson, Lowell Paxson (who later established Ion Television, PAX-TV, which is now Ion Television) and Roy Speer in 1982 as the Home Shopping Club, a local cable channel seen on Bright House Networks, Vision Cable and Bright House Networks, Group W Cable in Pinellas County, Florida. It expanded into the first national shopping network three years later on July 1, 1985, changing its name to the Home Shopping Network, and pioneering the concept of a televised sales pitch for consumer goods and services. Its competitor and future owner QVC was lau ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Put Option
In finance, a put or put option is a derivative instrument in financial markets that gives the holder (i.e. the purchaser of the put option) the right to sell an asset (the ''underlying''), at a specified price (the ''strike''), by (or on) a specified date (the '' expiry'' or ''maturity'') to the ''writer'' (i.e. seller) of the put. The purchase of a put option is interpreted as a negative sentiment about the future value of the underlying stock. page 15 , 4.2.3 Positive and negative sentiment The term "put" comes from the fact that the owner has the right to "put up for sale" the stock or index. Puts may also be combined with other derivatives as part of more complex investment strategies, and in particular, may be useful for hedging. Holding a European put option is equivalent to holding the corresponding call option and selling an appropriate forward contract. This equivalence is called " put-call parity". Put options are most commonly used in the stock market to prot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harvard College
Harvard College is the undergraduate education, undergraduate college of Harvard University, a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Part of the Harvard Faculty of Arts and Sciences, Faculty of Arts and Sciences, Harvard College is Harvard University's traditional undergraduate program, offering BA (Bachelor of Arts) and BS (Bachelor of Science) degrees. It is highly selective, with fewer than four percent of applicants being offered admission as of 2022. Harvard College students participate in over 450 extracurricular organizations and nearly all live on campus. First-year students reside in or near Harvard Yard while upperclass students reside in other on-campus housing. History Harvard College was founded in 1636 by vote of the Massachusetts General Court, Great and General Court of the Massachusetts Bay Colony. Two years later, the college became home to North America's first known printing press, carri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Computer Programmer
A programmer, computer programmer or coder is an author of computer source code someone with skill in computer programming. The professional titles ''software developer'' and ''software engineer'' are used for jobs that require a programmer. Identification Sometimes a programmer or job position is identified by the language used or target platform. For example, assembly programmer, web developer. Job title The job titles that include programming tasks have differing connotations across the computer industry and to different individuals. The following are notable descriptions. A ''software developer'' primarily implements software based on specifications and fixes bugs. Other duties may include reviewing code changes and testing. To achieve the required skills for the job, they might obtain a computer science or associate degree, attend a programming boot camp or be self-taught. A ''software engineer'' usually is responsible for the same tasks as a de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sun-Sentinel
The ''Sun Sentinel'' (also known as the ''South Florida Sun Sentinel'', known until 2008 as the ''Sun-Sentinel'', and stylized on its masthead as ''SunSentinel'') is the main daily newspaper of Fort Lauderdale, Florida, and Broward County, and covers Miami-Dade and Palm Beach counties and state-wide news, as well. It is the 4th largest-circulation newspaper in Florida. Greg Mazanec has held the position of general manager since November 2023, Gretchen Day-Bryant has held the position of executive editor since December 2024. The newspaper was for many years branded as the ''Sun-Sentinel'', with a hyphen, until a redesign and rebranding on August 17, 2008. The new look also removed the space between "Sun" and "Sentinel" in the newspaper's flag, but its name retained the space. The ''Sun Sentinel'' is owned by the parent company, ''Tribune Publishing''. This company was acquired by Alden Global Capital, which operates its media properties through Digital First Media, in May 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boca Raton Community High School
Boca Raton Community High School is a magnet school that is part of the School District of Palm Beach County, Florida, United States. The high school has been rated an "A" school each consecutive year by the Florida Department of Education since 2005 and was ranked 62nd on the list of America's Best High Schools by ''Newsweek'' in 2010. Campus In 2002, the school was almost entirely demolished, and then reconstructed as a new campus. There is a new science building. In August 2007, the building of a new stadium began, and it was finished by July 2008. According to the South Florida Sun-Sentinel, the stadium features FieldTurf, a type of artificial turf with a thin, blade-like carpet that will allow use no matter what the weather. The new turf is also twice as soft as the previous field, so falling on it is safer. The installation of artificial turf was the first for any school in the Palm Beach County School District, according to Jim Cartmill, assistant director of program m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
