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Steve Cohen Tops Hedge Fund Rich List With $3.4 Billion Haul
Steve Cohen Tops Hedge Fund Rich List With $3.4 Billion Haul
Steve Cohen spent last fall doing something few billionaire owners enjoy: apologizing. As the New York Mets staggered through a bruising 2025 campaign, he took to social media to tell fans he was sorry for the disappointment at Citi Field. Yet even as the baseball season fizzled, Cohen was clinching a very different kind of pennant, according to Bloomberg.
The founder of Point72 Asset Management finished the year as the highest-paid hedge fund manager on Bloomberg’s annual ranking, pocketing an...
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Apr 13, 2026 / Tyler Durden
The Strait Of Hormuz Crisis Exposes A Fatal Flaw In Economic Thinking
The Strait Of Hormuz Crisis Exposes A Fatal Flaw In Economic Thinking
Authored by Kurt Cobb via Resource Insights,
Even a 4–5% loss in global energy supply could translate into a comparable drop in economic activity due to energy’s central role in all production.
Disruptions in oil and LNG flows through the Strait of Hormuz are already removing a significant share of global energy, with cascading impacts across industries.
Rising energy costs trigger widespread knock-on effects—from food and travel to semiconductors—potentially leading to a severe global recession.
A priest, an engineer, and an economist are...
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May 19, 2026 / Tyler Durden
D.C. Feds Launch "Summer Surge" To Crack Down On Youth Crime
D.C. Feds Launch "Summer Surge" To Crack Down On Youth Crime
U.S. Attorney Jeanine Pirro and federal law enforcement officials held a press conference around midday Friday to announce a "Summer Surge" under the D.C. Safe and Beautiful Task Force ahead of America 250 events across the Capital Beltway.
The urgency reflects a decades-long, disturbing pattern of elevated summer violent crime by youths, worsened by failed progressive policies from left-wing officials in the D.C. area and extending into the Baltimore metro area, which have allowed juveniles to terrorize law-abiding citizens...
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Apr 7, 2026 / Tyler Durden
The Left Is Baffled - But Still Repulsed - By The White Working Class
The Left Is Baffled - But Still Repulsed - By The White Working Class
Authored by Victor Davis Hanson via American Greatness,
After failing to win Congress and the presidency in 2024, the Democrats conducted an internal postmortem of what went wrong.
While they predictably did not divulge the full results, everyone knew what they had found.
Their obsessions with the low side of 30/70 issues had especially alienated Democrats from white middle- and working-class voters. Yet middle-class whites still comprise about 40–50 percent of the population and are perhaps overrepresented in...
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