Looking back on ESL’s ‘crazy’ Sears gamble, Cohen’s meager Mets slice

AR also revisits the report card for hedge funds’ high-water mark performance.

One year ago
»» SAC Capital Advisors founder Steven A. Cohen was reportedly considering taking a swing at a major bid for the New York Mets baseball team.

Though at that point he was considering a deal for up to 49% ownership, the billionaire eventually shelled out a relatively meager $20 million for a 4% stake.

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