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Billionaire investor Steve Case says the failure of the 2000 AOL Time Warner mega merger taught him a crucial lesson about executionAOL's founding CEO Steve Case said that the ultimate failure of the $165 billion AOL Time Warner merger in 2000 taught him that 'vision without execution is hallucination.' It's a lesson he's mindful of as the CEO of his investment firm, Revolution. SteveCase Yeah, you also need a billionaire dad to succeed
Source: BusinessInsider - 🏆 729. / 51 Read more »
Billionaire investor Steve Cohen is not optimistic about the bull market’s futureAll good things come to an end. And in case you’ve forgotten — understandable, given the longevity of this bull run — that also applies to the stock market. Steve Cohen, the billionaire hedge-fund investor, is the latest high-profile Wall Street player to remind us the boom times have a shelf life. The real story here is the question on how SAC Capital has just raised $5 billion in capital after pleading guilty to securities fraud in 2013.
Source: MarketWatch - 🏆 3. / 97 Read more »
Billionaire investor Steve Cohen sees a bear market heading our wayAll good things come to an end. And in case you’ve forgotten — understandable, given the longevity of this bull run — that also applies to the stock market. Steve Cohen, the billionaire hedge-fund investor, is the latest high-profile Wall Street player to remind us the boom times have a shelf life. He must have a crystal ball!!!
Source: MarketWatch - 🏆 3. / 97 Read more »