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    Forums ›› Main ›› Wall St. News ›› SAC Capital’s Cohen Opens Up  


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OnClose
 

Registered: Nov 2010
Posts: 405

 

08-03-12 06:09 AM

http://dealbook.nytimes.com/2011/02...cohen-opens-up/

This is an old article (2/15/11) so I'm not sure if it was ever posted on ET but it's kinda interesting.

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hughb
 

Registered: Feb 2007
Posts: 2203

 

08-03-12 08:39 AM


Mr. Cohen talked about how he got started as a trader, reading the stock tables in the daily newspaper as a child and hanging around the local brokerage firm near his house in Great Neck, N.Y.


So many of these greats got their start like that, reading the stock tables in the newspaper as a kid. Newspapers don't have stock tables anymore, so we won't be hearing that in interviews of the greats 30 years from now. It will be interesting to see what got them hooked as children.

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zdreg
 

Registered: Oct 2003
Posts: 8433

 

08-03-12 11:19 AM


Quote from hughb:

So many of these greats got their start like that, reading the stock tables in the newspaper as a kid. Newspapers don't have stock tables anymore, so we won't be hearing that in interviews of the greats 30 years from now. It will be interesting to see what got them hooked as children.



in general, the catalyst likely will be something they saw on the internet.

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KINGOFSHORTS
 

Registered: Sep 2007
Posts: 3554

 

08-03-12 02:21 PM

Notice the oversize home he bought. Thats a tell. I would not hand him money to manage.

Why would you want some behemoth home with 9 bathrooms 7 rooms for yourself?

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lionline
 

Registered: Jun 2011
Posts: 57

 

08-03-12 02:44 PM


Quote from KINGOFSHORTS:

Notice the oversize home he bought. Thats a tell. I would not hand him money to manage.

Why would you want some behemoth home with 9 bathrooms 7 rooms for yourself?



because you can.

i would never give any money to anyone to manage, but just because someone likes a big house - and they can afford it - then party in bathroom #5

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Covertibility
 

Registered: Aug 2003
Posts: 3881

 

08-03-12 03:10 PM

In 20 years there will be stories of today's algorithm junkies.

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