iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,419 Blog Posts

Stevie Cohen’s Worst Fears Were Realized in February

He didn’t find out his man crush Guy Fieri’s cooking show was cancelled. There wasn’t a death in the family, or legal concerns.

Steve Cohen lost 8% of his assets to a fucked up stock market in the month of February (gasp, no homo).

“One of my biggest worries is that there are so many players out there trying to do similar strategies,” Cohen said on Monday at the Milken Institute Global Conference in Los Angeles.

“If one of these highly levered players had a rough run and took down risk, would we be collateral damage?” Cohen said. “In February we drew down 8 percent which for us is a lot. My worst fears were realized.”

Stevie is super out of touch with reality, living inside The House of Cohen. What sort of fucked up world does Stevie’s mind reside in?

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3 comments

  1. infinitezuul

    Just wait until Trump marches into the Oval Office, phones Putin, and throws Stevie in a Nicaraguan prison. Is this worse, Stevie? IS THIS WORSE.

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  2. btn

    Anyone in finance that doesn’t blackball anything to do with the Milken Institute deservse to get poleaxed.

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