Wait until first quarter, says SAC's Steve Cohen

Mon Sep 29, 2008

SAC Capital Advisors founder Steve Cohen told investors early last month that he doesn't expect the markets to rebound until the first quarter of 2009. But that hasn't stopped him from going on a hiring binge, adding 25 portfolio managers this year and leading to some worries that his infrastructure might be getting too big to support the type of market opportunities available these days.

Steve Cohen


ISSN: 2151-1845 / CDC10004H

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