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2024-09-18 02:05:11

Byzantine on Nostr: legendary trader Steve Cohen of SAC capital spend all day trading and only got these ...

legendary trader Steve Cohen of SAC capital spend all day trading and only got these returns

-1992 to 2005: 43.5% per year (before fees)

-1992 to 2012: 25% per year (after fees)

-1992 to 2013: around 25-30% per year (after fees)


and the firm had to pay a $1.8 billion fine for insider trading using expert networks inappropriately
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