Steve Cohen Photo...
- Thread starter NTB
- Start date
Sure Stevey Cohen is an extremely successful trader, but is he the best ever?
I would have to say that Thomas Petterffy is the most successful trader of all time. He owns 85% of IBKR. The company is worth 12B and roughly 80% of the profit is from trading (market making). That kind of success is only comparable to Warren Buffet's IMHO and Warren Buffet is more of a private equity tycoon than a trader.
I would have to say that Thomas Petterffy is the most successful trader of all time. He owns 85% of IBKR. The company is worth 12B and roughly 80% of the profit is from trading (market making). That kind of success is only comparable to Warren Buffet's IMHO and Warren Buffet is more of a private equity tycoon than a trader.
Agree with Pabst.
The smell of tulips is all over the place in this market...
How can one put this struff though...
The smell of tulips is all over the place in this market...
How can one put this struff though...
The rationale must float like ducks in Cohen's head about why he is so despised. How else does he wake up in the morning and still think that he is the king of the hill?
Instead of just looking at Steve Cohen, let me introduce another character: Carl Icahn. Both men are Jewish and both are rich. But Icahn is one of the most highly regarded players on Wall Street whereas Cohen is viewed with disgust. Despite the fact that Icahn has engaged in an all out pursuit of self interest, he is thought of today as one of the world's smartest and most successful investors. Indeed, Icahn has definitely transcended his image as a greenmailer to become a highly respected activist investor. What Icahn does, the market follows. If Icahn makes the call, few, if any, CEOs will choose not to pick up the phone. Can any of you boot licking sycophants ever imagine Cohen acquiring such status in the business and financial community?
Instead of just looking at Steve Cohen, let me introduce another character: Carl Icahn. Both men are Jewish and both are rich. But Icahn is one of the most highly regarded players on Wall Street whereas Cohen is viewed with disgust. Despite the fact that Icahn has engaged in an all out pursuit of self interest, he is thought of today as one of the world's smartest and most successful investors. Indeed, Icahn has definitely transcended his image as a greenmailer to become a highly respected activist investor. What Icahn does, the market follows. If Icahn makes the call, few, if any, CEOs will choose not to pick up the phone. Can any of you boot licking sycophants ever imagine Cohen acquiring such status in the business and financial community?
Quote from mingsphinx:
Careful now. That statement sounds almost defamatory. And I do not think that it is right to compare Steve A. Cohen to Adolf Hitler, it makes Hitler look bad. What we ought to do is have a little expose of how Cohen moves in the market.
Take the CROX story for instance. He tells everyone that he is buying and all the news agencies talk about it and after the stock moves up on strong retail momentum the retail suckers get fucked hard. And then there are accusations hurled at Cohen that SAC is involved in efforts to direct how research reports are written to influence the market in a direction beneficial to SAC.
What do you call that? I am not sure but I would not say that Steve A. Cohen is one of the greatest traders bar none. Because it does not seem to me that his activities are just about trading. But people have got to be careful because you really do not want to defame individuals with large amounts of liquid cash that can be hurled like a stink bomb into your face in the form of endless lawsuits.
The picture was funny though. Steve A. Cohen looks like a toad who went for a facial. I wonder how his kids turned out
My point is, if money is your measuring stick, Hitler was a success. There is a little more to it than that. At least in my world. To step all over everybody to get it just doesn't cut it. Although it certainly was in vogue until the "change" candidates showed their faces last week.
Quote from ElCubano:
I think it was redman who said that....
Most certainly Method Man:
http://www.youtube.com/watch?v=C3ewLFkGSpw
One of my all time favorite rap videos- Worth checking out for minority here who appreciates the genre. Note that this video was filmed pre- 9/11 (Post 9/11, it would have been in pretty bad taste. Pre- 9/11 = 100% kosher, IMO).
No love for the rich!