SAC Not Doing As Well As 'Fortune' Would Have You Think


We love ourselves some Roddy Boyd, and you know we only wish the best of Steve Cohen and The Stevettes, but we're pretty sure the performance numbers quoted in the latest Fortune article are not for SAC Capital, the flagship fund, as is implied. -6.5 percent for October, and -12 percent year to date are actually the figures for the multi-strategy fund. SAC Capital returned -12 percent for October and -18 percent year to date.
Update: Fortune has updated the article with the with the flagship numbers.