Steve Cohen’s Point72 Loses Long-Tenured Money Managers

Discussion in 'Wall St. News' started by ETJ, Jul 16, 2019.

  1. ETJ


    murray t turtle and dealmaker like this.
  2. %%
    GOOG...... has an article on that free.I'm suprized according to that[free] article, Citidel pays them well regardless of performance.:cool::cool:, :cool::cool::cool::cool::cool::cool::cool:
  3. ETJ


    "Citidel pays them well regardless of performance."

    Generally, if you are recruited from a competitor you get a couple of years guaranteed. Sometimes paid up-front. It can be cutthroat in Chicago, London, and Hong Kong. Probably more markets.
    murray t turtle likes this.
  4. Without a $20 Million sign on, I wouldn´t even stand up from my very cozy chair. 2 years ago, I got a call from a headhunter representing Virtu´s HFT desk. After expressing my sign on bonus demand, he was shocked to learn it was more than the whole desk gets as a yearly fixed salary! LMAO! ROFL!

    BTW: Stevie was also "shocked" when he learned about what Citadel was offering to his former "buddies"....
  5. %%
    Interesting+ never though of that as way to manage risk LOL. I today noticed Mr Ken Griffith [video]likes the word Economic [ Financial ] Freedom more than Capitalism. And he told his 11 year young son, after noting a stadium full of socialist Sanders supporters=''that is a stadium full of people that dont know history;socialism is a complete failure.'':D:D , :D:D:D:D:D:D