How the 0.001% invest

Re:How the 0.001% invest by peteretep on Monday December 17, 2018 @06:45AM (#18698358)

The SEC remedy against bad hedge fund owners in the show Billions is the threat of turning them into family offices

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Re:How the 0.001% invest by thomas93 on Monday December 17, 2018 @07:41AM (#18698584)

This actually happened in real life to Steve Cohen (the person Axelrod's character is loosely based on).

After being banned from managing outside capital, SAC Capital Advisors transitioned to being a family office called Point72. Only recently has it begun to to manage outside capital again.

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Re:How the 0.001% invest by lordnacho on Monday December 17, 2018 @06:48AM (#18698371)

Yeah I saw some of that show. The thing is if you're a MFO you're handling other people's money.

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