SAC’s Steve Cohen Is Worried About 2012
SAC Capital’s Steve Cohen is at the SALT hedge fund conference in Las Vegas, but he’s sure to have plenty on his mind. First is his drop from 27 to 34 in II’s ranking of the top hedge fund managers by AUM. Second is what will happen when the Federal Reserve Chairman Ben Bernanke winds down his easing program in June.
Stephen Taub
May 12, 2011
Steven A. Cohen, founder and chief executive officer of SAC Capital Advisors LP, listens during the SkyBridge Alternatives (SALT) conference in Las Vegas, Nevada, U.S., on Wednesday, May 11, 2011. Cohen said last week's selloff in commodity markets makes this a good time to buy stock in energy companies. Photographer: Ronda Churchill/Bloomberg *** Local Caption *** Steven A. Cohen
Ronda Churchill/Bloomberg
