{"id":5025,"date":"2006-09-18T00:00:00","date_gmt":"2006-09-18T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"sacs-cohen-sees-risk-of-mass-hedge-fund-exit","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/09\/2006\/sacs-cohen-sees-risk-of-mass-hedge-fund-exit.html","title":{"rendered":"SAC&#8217;s Cohen sees risk of mass hedge fund exit"},"content":{"rendered":"<p>Reuters &#8211; Steven Cohen, the billionaire founder of SAC Capital Advisors, said in an interview with the Wall Street Journal that there may eventually be a sharp fall in the stock market, exacerbatedby hedge funds crowding into similar shares.<\/p>\n<p>  In the interview, published on Sunday, the 50-year-old head of one of the world&#8217;s most closely watched investment firms also said he was now making bigger bets and holding stocks for a longer time.<\/p>\n<p>  &#8220;It&#8217;s hard to find ideas that aren&#8217;t picked over, and harder to get real returns and differentiate yourself,&#8221; Cohen said in the interview. &#8220;We&#8217;re entering a new environment. The days of big returns  are gone.&#8221;<\/p>\n<p><a href=\"http:\/\/news.moneycentral.msn.com\/provider\/providerarticle.asp?Feed=OBR&amp;Date=20060917&amp;ID=6027622\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Steven Cohen, the billionaire founder of SAC Capital Advisors, said in an interview with the Wall Street Journal that there may eventually be a sharp fall in the stock market, exacerbatedby hedge funds crowding into similar shares. In [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5025","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5025"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5025\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}