How this billionaire ran his hedge fund like a baseball team
Steve Cohen’s decision to step back from trading and focus on running Point72 underlines a redemption since an insider trading scandal.
New York Mets owner Steve Cohen has a range of interests, including collecting art worth $US1 billion AP
Steve Cohen used to charter a yacht in the Mediterranean with friend and art dealer Larry Gagosian. But he never really switched off.
“We’d be in the middle of a wonderful dinner in Italy and he’d have to race back to the boat to trade,” says Gagosian, recalling how the hedge fund billionaire would have screens installed below deck to create a de facto trading floor.
Financial Times
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