Steve Cohen: Trading With Information

You missed an important word from your thread title: "Inside"

And another important word, "Illegal"

GAT

PS this is a great book

 

True.

Thanks for the book tip!

 

Cohen was right to be cagey, inside trading laws are vague, ambiguous and arbitrarily enforced.

At end of the day Feds took $1.8 bill and walked away. Laws what laws?

 

A normal person, like me, watches the film 'Wall Street' from 1985 and gets terrified of insider trading when Bud Fox is arrested. Cries like a baby and does the perp walk of shame.

But some people must see that film as a Manual on how to get rich.

 

So no Anacott Steel for joo? How about Bluestar Airlines?

 

Fine. Go after the crooks on Wall Street but, the biggest crooks still work in Congress. And they do it their entire lives.

 

I notice Point72 has not crushed the market.