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Old 10-17-2006, 09:54 AM
DcifrThs DcifrThs is offline
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Join Date: Aug 2003
Location: Spewin them chips
Posts: 10,115
Default Re: Say goodbye to the dream

[ QUOTE ]
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.

[/ QUOTE ]

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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