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Wednesday, November 16, 2011 - 1:13pm
Invest Like Steve Cohen...Using ETFs
Investors looking to pull off their best impression of SAC Capital honcho Steve Cohen have a few options. Among them: Come up with the coin to invest in SAC and have Cohen and his crew manager you money. However, the minimum investment, whatever it is, is probably off limits to more than 90% of...
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Tuesday, November 15, 2011 - 6:57pm
ETFs For 13F Filing Season
It's that time of year again. It's 13F filing season. A veritable gift for investors that like to mimic what the professionals are up to. For those that subscribe to the theory of following the smart money, this is your time. And for those not in the know, here's a quick explanation of what 13F's...
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Who Hearts GLD? Some Hedgies Do, Others Not So Much
Tuesday, August 16, 2011 - 2:49am
It might be impossible for one to love gold as much as Auric Goldfinger, the fictional character from the James Bond movie bearing that last name, but some hedge fund managers certainly do love the yellow metal while others are showing a waning taste for the classic safe haven investment. Love for...
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Has SAC Capital Successfully Weathered The Insider Trading Storm?
Thursday, February 24, 2011 - 12:25pm
According to a Reuters special report, that seems to be the case. Steven Cohen's $13 billion hedge fund wasted no time in responding to the insider trading charges against two former employees, Donald Longueuil and Noah Freeman. SAC Capital's clients are giving the fund the benefit of the doubt....
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Defining A Sith Lord With Overstock.com CEO Patrick Byrne
Friday, December 3, 2010 - 1:52pm
Patrick Byrne, the president and CEO of Overstock.com, Inc. (NASDAQ: OSTK), caused quite a stir with his use of the term, “Sith Lord” – a term that Star Wars has reserved for the most evil leaders in the galaxy. During a recent interview with Benzinga, Byrne took the opportunity to clarify what he...
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Patrick Byrne: "Hedge Fund Community and Wall Street Banks Form An Oligopoly"
Friday, December 3, 2010 - 1:45pm
“Halleluiah!” That was the first word out of Patrick Byrne's mouth when Benzinga asked him about the recent hedge fund scandal. “It's about freaking time!” Byrne, the president and CEO of Overstock.com, Inc. (NASDAQ: OSTK), gives serious credit to the Department of Justice and the FBI for the work...
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Baby Boomer Hedge Fund Managers Getting Ready to Retire, Hand Over Reins
Wednesday, June 9, 2010 - 7:27amAs the baby boom generation ages and gets ready to retire, hedge fund managers from that generation are grooming successors to take over once they leave, Bloomberg writes. Instead of just shutting down the fund like predecessors, hedge fund managers like Steven Cohen of SAC Capital Partners, Louis...
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A Look Into Hedge Fund Legend Steven Cohen's Offices (AIG, BWLD, AA)
Friday, February 26, 2010 - 1:53pm
The man, the legend, Steven Cohen was recently interviewed by Bloomberg in the Stamford office of SAC Capital. Bloomberg found a lot of interesting facts about what it is to work in their offices. First off, when you walk into the offices you notice the temperature is kept at exactly 69 degrees. He...
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