http://online.wsj.com/article/SB122841405751279981.html?mod
Citadel Down 13% in November
By GREGORY ZUCKERMAN and JENNY STRASBURG
A bad year for hedge-fund titan Kenneth Griffin got much worse last month.
Mr. Griffin's Citadel Investment Group lost about 13% in November, bringing the Chicago hedge fund giant's investment decline this year to 47%, according to investors.
hummm 47% sounds really familiar to another number....
I find it ironic that the big fancy multi-strategy market neutral hedge fund has a beta = 1 and exact same loss as the broader market. well played
