Hard Work or Talent Essay Example | Topics and Well Written Essays - 500 words

Hard Work or Talent - Essay ExampleLooking into the history of the US trading commercialise there are a number of individuals whose reputation has span over years while others have popped into the market lately and made it big at heart a short time span. Making it big in this respect is related to how much one has made or makes in trading deals and the factors that abut their continued successes in making the right choices, deals and bets for that matter. Two characters are to be discussed and offered as examples in supporting the view that talent is the one that matters not life-threatening work.Ken Griffin is the first one to consider and he is the Managing Director/CEO of Citadel Investment Group (Traderslog 2008). Considering its large size, it is important to study a few trends of its CEO. He started trading stock options and funds in his college days. Later developed the fund mentioned above with 4.2 million dollars (Traderslog 2008). Today it stands to be the one of the l argest in the world with current management portfolio of 13 billion dollars.John Arnold is the other trader whose mastery of his business is given credit by a cross-sectional of huge and reputed players (Demon 2009). Taking his background for instance in Enron as a trader it is clear that his fortunes in this line of business were destined for success aft(prenominal) scooping over 750 million dollars for the company. He was handsomely rewarded with 8 million dollars bonus. He used the bonus to start his own hedge fund by the let on Centaurus Advisors, LLC. Soon he was making billion dollar bets in energy related trading and to the surprise of many he trades few clock a year in the most awkward moments of the market. Last year he made slightly less than a billion dollars. In the few times he has spoken he says that he buys things at the time when they are below fair value and sell when he believes they are way above it according to Demon (2009). This simple concept relies more on talent i.e. his innate understanding of concepts