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 ↓
We have reset usage limits for all Codex and ChatGPT Work users.
Last night around 2am to 4am we suffered an almost global outage. All well and recovered, but you know what comes next.
We learn. We reset. Enjoy.
I have found Claude doing some quick mockups with me to be very effective at preventing many rounds of UI iterations, when everything is locked-in the agents know exactly how to build it
Introducing Kimi K3: Open Frontier Intelligence
🔹 2.8 Trillion Parameters, 1 Million Context, Native Multimodal
🔹 Kimi Delta Attention enables up to 6.3x faster decoding in million-token contexts
🔹 Attention Residuals deliver ~25% higher training efficiency at <2% additional cost
🔹 Built for long-horizon agentic coding and self-evolving workflows
Kimi K3 is now live on on https://t.co/zrk6zZxZUo, Kimi Work, Kimi Code, and the Kimi API.
Open Weights by July 27, 2026.
🔗 API: https://t.co/XCrgjXAqMw
🔗 Tech blog: https://t.co/YTfiMSNM1f