Steven A. Cohen (born June 11, 1956) is an American hedge fund manager. He is the founder of SAC Capital Advisors, a Stamford, Connecticut-based hedge fund focusing primarily on equity market strategies.
He has an estimated net worth of $8.8 billion as of March 2012, ranked by Forbes as the 106th richest man in the world. Cohen is 35th overall in the U.S. In November 2012, he began to be implicated in a large criminal insider trading scandal; he is currently under investigation but has not been charged.
Famous quotes containing the word cohen:
“Adults understandably assume that the level of verbal proficiency a five-year-old displays represents his level of proficiency in all areas of functioningif he talks like an adult, he must think and feel like one. However, five-year-olds,... belie the promise of adult-like behavior with their child-like, impulsive actions.”
—Dorothy H. Cohen (20th century)