Episode 175: Steven Cohen, SAC Capital and the Possible Return of The Honest Man

Episode 175 is a classic Traders Podcast episode… First you’ve got your host, Rob Booker, riffing on the newsworthy Steven A. Cohen and his giant hedge fund, which is now under indictment. Rob muses about whether SAC Capital cheated, and he underscores the Federal Government’s ingenious money management technique… All this naughtiness inspires Rob to ask whether there will be a “Return of The Honest Man,” and whether you’d cheat to profit financially (if you were sure of not getting caught). And as it naturally would, this train of thought leads Rob into a discussion of steroid use in Major League Baseball.

Next Rob addresses a listener e-mail from Brian about focusing on what’s important first and prioritizing your day of trading. And all of this begins with Rob and Jason coming clean about what the heck happened with the comment backlog on The Traders Podcast Web site. Thank you for listening — enjoy!

Links for this episode:


Rob on Twitter: @RobBooker

The Traders Podcast on Twitter: @TradersPodcast

E-mail us! Producer@TradersPodcast.com

2 comments on Episode 175: Steven Cohen, SAC Capital and the Possible Return of The Honest Man

  1. Here is the best diet i ever did. I will give you step by step instructions. 1. fly to a 3rd world country. 2. brush your teeth using tap water. You wont see any results for 5-7 days but then you will lose so much weight, its insane! i think i called it my parasite diet. 60 pounds gone in 6 months! woohoo! (disclaimer… you dont want to do this!)

  2. Brian says:

    Ye have too much faith in prosecutors. The reason it appears that the superstars do steroids more than anyone else is not due to their fear of failure, it’s due to the ambition of the prosecutors. There’s no gain from prosecuting Dan Uggla of the Braves, currently sporting the lowest batting average in MLB, but there is a huge amount of prestige from nailing ARod’s skin to your resume.

    I have come to the conclusion that being a prosecutor and running for office are a conflict of interest. If you want to be a prosecutor, you should be banned from running for office for life. If this were law, you wouldn’t have scandals like the Duke Lacross prosecution, and the sociopaths could stay in banking where sociopaths belong.

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