Re: Say goodbye to the dream
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Dali,
"NO ONE is worth that kind of $$$, and anyone paying those kinds of fees should have his head examined."
WSJ: "SAC Capital Management LP, Mr. Cohen's largest and oldest fund, launched in 1992, has generated an average annual return to investors of 43.5%, after he takes a sizable cut of profits."
That's why he gets those fees.
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any reprts on whether he is doing this with his own alpha or if it is simply beta related?
im going to go read up and check back.
Barron
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