Ken Griffin

Whereas admitting that you hoarded labor for years is just a very different message, one that people don't want to make, state, or hear.

Look, I think the most important advice I can give is not to the person who just graduated, it's the person who's just starting college.

Pursue a course of study where you will learn to be a good problem solver.

Pursue a course of study in which you will have the toolkit

the mathematical skills, the statistics background, to really be highly employable in this global economy we live in today.

There's still a huge deficit in the Western world of individuals with backgrounds and STEM degrees.

It's really important that you think about your college years as doing two things.

It creates for you the foundation to be a lifetime learner.

Because whether you just graduated from college or you're just starting college, you're going to have to learn for the rest of your life.

Because what you learn in college or just learned in college will soon be antiquated.

And if you're not a lifetime learner, you've got a really rough road ahead of you.

And then number two is the world will always value people who can solve problems.

If you could put your hand up and say, I will take that challenge on, you will always have a job in the Western economy.

You mean the good luck?

So, you know, it's funny.

I look back at the crash of 87 and I was long a portfolio of convertible bonds.

And the uncertainty in how that portfolio would behave in a bear market was high.

So for choice, I was short a bit more stock than I should have been.

Risk management's about trying to deal with the unknown when things go wrong.

And because of that, I was a bit more short than one might mathematically have said would be optimal.