Basic Information

Name: Steve Cohen
Identity: Hedge Fund Manager | Founder of Asset Management Company Expertise: Multi-strategy hedge funds, short-term trading, risk management

Steve Cohen is one of Wall Street's most legendary hedge fund managers, renowned for his high-frequency trading and multi-strategy investing. A graduate of the Wharton School of the University of Pennsylvania, he majored in economics. He joined Wall Street in 1978 and rose from a junior trader to a leading fund manager. In 1992, he founded SAC Capital Advisors, where, with his flexible trading strategies and exceptional capital allocation skills, he has generated substantial returns for investors over the past two decades.

Following the closure of SAC Capital due to an insider trading scandal, Cohen founded Point72 Asset Management in 2018. He focuses on multi-strategy asset management and long-term capital appreciation, while also actively developing quantitative trading and the application of artificial intelligence in investment. He is known for his keen market insights and decisive trade execution.

Representative achievements

• Founded SAC Capital Advisors, with peak assets under management exceeding $14 billion

• Founded Point72 Asset Management, with global assets under management exceeding US$30 billion

• He has been ranked at the top of Forbes' hedge fund manager income list many times.

• Known for his excellent trading intuition and fund allocation ability, he is known as the "Ultimate Trader on Wall Street"

• Current owner of the New York Mets

Investment Philosophy

“The market is always changing, and strategies must evolve accordingly.”

Steve Cohen believes that the core of investing lies in the combination of information advantage and execution speed. He advocates diversifying risk through a multi-strategy approach (including long-short equity positions, macro trading, and quantitative strategies), while relying on a rigorous risk management framework to control drawdowns. He emphasizes maintaining flexibility and adaptability in a rapidly changing market, and actively utilizes technology (such as data analysis and artificial intelligence) to improve the efficiency and accuracy of investment decisions.