💡 Citadel Wants to Buy Hedge Fund Ideas. We Sell Edge Fun.

Ken Griffin's latest initiative inspires an important question: can one sell ideas about people selling ideas?

🚀 Carpe Diem

Bloomberg reports that Ken Griffin's Citadel is preparing a program that would pay other hedge funds for trading ideas.

Which raises an important question.

Can one sell ideas about people selling ideas to people buying ideas?

Apparently, this is now an asset class.

At FUNanc1al, we are not hedge fund managers.

We do not wear parachutes to rooftop parties.

We do not maintain emergency yachts for our emergency yachts.

And our compliance department consists primarily of coffee and optimism.

That said, we do qualify as edge fun, and remain available upon request.

For full disclosure, we occasionally discover interesting ideas by studying portfolios from firms like Citadel. So if Citadel starts paying for investment ideas, there is a non-zero probability that somewhere deep inside the financial ecosystem, Ken Griffin may eventually end up paying for a variation of one of his own ideas.

Markets are beautiful that way.

Fortunately, inspiration is abundant.

Insiders buy stocks.

Hedge funds buy stocks.

Institutions buy stocks.

Entrepreneurs build companies.

Humans make mistakes.

And occasionally the market offers opportunity.

The supply of ideas appears safely renewable.

Welcome aboard.

Carpe Diem.