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Archive: https://archive.today/lI3LN

From the post:

>A billionaire's exodus from Chicago is about to be finalized with the sale of his last property in the city, as he moves his assets to South Beach. Ken Griffin, CEO and founder of Citadel Advisors, relocated his company's headquarters from the Midwest city to Miami three years ago and appears to be finalizing the move with the sale of his $12.5million condo. Griffin's final piece of real estate at 800 North Michigan Avenue in Chicago has gone under contract, his spokesperson told Bloomberg. The billionaire decided to drop the price by $3.25million following it being taken off the market in July.

Archive: https://archive.today/lI3LN From the post: >>A billionaire's exodus from Chicago is about to be finalized with the sale of his last property in the city, as he moves his assets to South Beach. Ken Griffin, CEO and founder of Citadel Advisors, relocated his company's headquarters from the Midwest city to Miami three years ago and appears to be finalizing the move with the sale of his $12.5million condo. Griffin's final piece of real estate at 800 North Michigan Avenue in Chicago has gone under contract, his spokesperson told Bloomberg. The billionaire decided to drop the price by $3.25million following it being taken off the market in July.
[–] 2 pts

Took a 3.25 mil hit just to gtfo

[–] 0 pt

yeah, at some point you cut the losses... before the losses are bigger. If he waited that could have been a 20 mill loss.