Flood explains why Ken Griffin is known as the Grim Reaper “He bought Enron's energy trading division in 2001 and then he blew up this natural gas trading firm for $6B called Amaranth and basically twisted the knife and gutted that firm as well” “Ken does this and this is like the Citadel trade. This is their signature sharky trade. He's done this to Cliff Asness at AQR too. There was a big quant quake in the 2010s where a lot of people were running very similar statistical arbitrage strategies and the market had this sort of flash crash” “Ken called Cliff Asness and was like, ‘Hey, I'll basically buy your fund from you.’ Obviously Cliff said, ‘No, fuck off.’ But Ken has a history of doing this where he's known as the Grim Reaper” “There's a very famous interview with Cliff Asness where he says, ‘I heard the Grim Reaper's scythe knocking at my door and I just kept walking towards the light and I tried to walk away’”