Tuesday, March 20, 2018

Steven Cohen 
Age 61    Net Worth $14 Billion (3/20/18 Forbes)
Born  Great Neck, New York Long Island    Citizen  US
Selfmade in Hedge Fund    , founded S.A.C. Capital in 1992 

Education:  BS  Wharton School 
                   University of Pennsylvania 1978

Here is picture of Steven Cohen 



 







Here is my Youtube Link to Steven Cohen 
https://www.youtube.com/watch?v=JW-50HPqiRU
He was King of Wall Street from 1992 to 2012, average almost 60% return a year for his hedge fund S.A.C. Capital




 





He is also famous for his firm S.A.C. involvement with insider trading
One of his former trader Matthew Martoma , was imprisoned for profiting almost $1 Billion from insider information. 



 









Matthew Martoma was sentenced to 9 years imprisonment

S.A.C. Capital was fined $1.8 Billion , the largest fine in Wall Street History 

Also, S.A.C. Capital was shut down by the SEC (Security and Exchange Commission) 
From 2014 to 2017, Steven Cohen was only allowed to trade his own money.  He set up a new firm called Point72




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