Steve Cohen Says Mets Deal Won’t Distract From ‘First Passion’ of Investing

(Bloomberg) — Steve Cohen told his hedge fund’s clients that owning a Major League Baseball team won’t supplant his true passion: investing.The billionaire, nearing a deal that would give him control of the New York Mets, said in a letter to investors that the move won’t change his role at Point72 Asset Management, where he is chief executive officer.Baseball is more about fulfilling a childhood dream. Cohen rooted for the Mets while growing up on Long Island and attended games at the Polo Grounds, where the team started out.“It has always been a dream of mine to be a majority …read more

Source:: Yahoo Finance

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