Legendary Hedge Fund billionaire Steve Cohen as a college studentsteemCreated with Sketch.

in #investing6 years ago (edited)

(Finally got to read Kolhatkar's book about the legendary hedge fund manager Steve Cohen. This tidbit about his life as an undergrad at Wharton is interesting:)

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While many of the fraternity brothers stayed up late dropping acid or drinking beer, Cohen rose early each morning to read The Wall Street Journal. He carefully tracked the stock market, but he considered school itself to be a waste of time.

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One day, during a statistics exam, while the others in the class were struggling to finish, Cohen stood up and marched out the door before he was done to check his closing stock prices.

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He thought he had no chance of competing with the prep school kids who spoke the same language and had all read the same books.

He would have to outsmart them.

'Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street' by Sheelah Kolhatkar
https://www.amazon.com/dp/B07593WWJR

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A lot of good posts, I like it a lot, want a better post like this, and one thing, if you're with me I'll always be with you,

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