Yesterday, we learned that one of the prominent investors of our time George Soros was closing his fund to outside investors, the same path legendary investors chose, such as Stanley Druckenmiller, and Carl Icahn.
Today we learn that Stevie Cohen, the founder of SAC capital, is closing his fund to outside investors. He hasn't yet decided to refund their capital.
Is Dodd-Frank bill impacting the hedge funds to weigh the risks carefully this time?
Is it a beginning of a new era of investing?
Source: http://www.cnbc.com/id/43909683
Today we learn that Stevie Cohen, the founder of SAC capital, is closing his fund to outside investors. He hasn't yet decided to refund their capital.
Is Dodd-Frank bill impacting the hedge funds to weigh the risks carefully this time?
Is it a beginning of a new era of investing?
Source: http://www.cnbc.com/id/43909683
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