Steve Cohen
SAC Capital Legend & Point72 Founder
Steve Cohen
Momentum Growth
Key Stats
Net Worth
$17.5 Billion
Origin
American
Lifespan
Born 1956 (70 years old)
Biography
Steven A. Cohen is one of the most successful traders in Wall Street history. He founded SAC Capital, which became legendary for its trading prowess and information edge. He now runs Point72 Asset Management.
SAC Capital
SAC Capital was known for:
- Aggressive short-term trading
- Exceptional information gathering
- High portfolio turnover
- Attracting top trading talent
The fund generated average annual returns of around 30% for over two decades.
Point72
After SAC, Cohen launched Point72, which manages over $30 billion. He also owns the New York Mets.
Trading Style
Cohen is known for his ability to:
- Process information quickly
- Make rapid trading decisions
- Manage multiple portfolio managers
- Identify market-moving catalysts
Trading Philosophy
"I don't like to lose. I'm not good at losing. When I lose, I learn from it."
Legendary Quotes
"I don't like to lose. I'm not good at losing. When I lose, I learn from it."
"I look for situations that have a high probability of being right."
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