Steve Cohen "Blown Away" By Lack Of Talent At Hedge Funds [VIDEO]

Some really good snarky humor on this first the background – Steve Cohen “Blown Away” By Lack Of Talent At Hedge Funds [VIDEO]

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Moderator

Ilana D. Weinstein, Founder and CEO, The IDW Group LLC

Speakers

Cliff Asness, Co-Founder, Managing Principal and Chief Investment Officer, AQR Capital Management

Neil Chriss, Founder and Chief Investment Officer, Hutchin Hill Capital

Steven Cohen, Chairman and CEO, Point72 Asset Management; Co-Chair and Co-Founder, Steven & Alexandra Cohen Foundation

With almost $3 trillion in assets — and the freedom to invest opportunistically worldwide — hedge funds have become one of the most important market-moving forces of the last few decades. This panel brings together leading founders of hedge funds and asset managers for a conversation about the evolution of the industry. Some of the questions that will be addressed: With more hedge funds than ever before, how can a manager generate meaningful returns? Are fee structures likely to change significantly with increasing pressure from institutional clients? In this highly personality-driven business, how does the role of a founder change as a fund grows — and can a fund succeed the person who created it?

Now the snark followed by the video.

Steven Cohen speaking at the Milken Conference, says he’s “blown away” by lack of talent at hedge funds

— Sheelah Kolhatkar (@sheelahk) May 3, 2016

‘Edge’ just tougher to come by these days since the Feds have gotten all fussy about, you know, criminal conduct. https://t.co/QXqR61bxpA

— Rob Majteles (@treehcapital) May 3, 2016

@sheelahk @mugatushair Not that easy to get the insider anymore, Steve-o. So our teams of monkey dart-throwers work long hours.

— BossHogg (@BossHoggHazzard) May 3, 2016