Tuesday, 30 September 2014
Last updated 15 hours ago
May 13 2011 | 12:21pm ET
It's been a good couple of weeks for Steven Cohen, art collector.
The SAC Capital Advisors founder, who gave a rare public interview at the SkyBridge Alternatives Conference in Las Vegas on Wednesday, fetched nearly $50 million for a pair of paintings at two separate auctions.
On Wednesday, his Andy Warhol portrait of Elizabeth Taylor was bought for $26.9 million. A pair of telephone bidders battled over the 1963 silk-screened image of the late actress, who died just days after Cohen consigned the painting to auction.
Last week, a landscape by Maurice de Vlaminck owned by Cohen sold for $22.5 million.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
The trading world is inundated with strategies and techniques. Here’s one way traders can get a handle on information overload.