Thursday 9 January 2014

'To Catch A Trader' - Insider trading documentary on SAC Capital


'To Catch A Trader' - Insider trading documentary on SAC Capital 

Just watched a free documentary on PBS about SAC Capital and insider trading

Interesting view on Steve Cohen's track record: http://en.wikipedia.org/wiki/Steven_A._Cohen


Some interesting parts:
- a trader Turney Duff talks about gathering information from his network of sources
- was the first time I had heard about the use of 'expert network firms'
- Fairfax Financial vs SAC Capital and Jim Chanos's Kynikos and alleging collusion with research analysts to drive down FFH stock


Here is the link to the documentary online:
http://www.pbs.org/wgbh/pages/frontline/to-catch-a-trader/





Thanks to CS Investing for their great blog and pointing out this documentary.




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