Skip to main content

Steve Cohen Confident This Is His Year To Win Office NCAA Tournament Pool

It'll take a little luck o' the Irish and chalk everywhere else.
  • Author:
  • Updated:

As we speak, a Point72 lieutenant is walking the floor at Cummings Point Road, collecting bets from the big guy's traders and assistants, docking vacation days from anyone who doesn't have their $25 handy and thanking them for contributing to Steve's hot dog fund. Because the pool--which will be prominently displayed in a large formaldehyde-filled tank--is obviously already in the bag, thanks to many painstaking hours spent crafting the perfect bracket.

Steve Cohen, the billionaire head of Point72 Asset Management, thinks No. 3 seed Notre Dame will upset No. 1 Kentucky to emerge as the Midwest region winner, he told via a spokesman. Cohen—who oversees about $10 billion at his Connecticut-based family office—likes more conventional teams to round out the Final Four: No. 1 Wisconsin in the West, No. 1 Villanova in the East and No. 1 Duke in the South. His alma mater, the University of Pennsylvania, didn't make the tournament.

Billionaire NCAA brackets revealed [NetNet]


See How Your NCAA Brackets Match Up Against 36 Supposed Prediction-Making Experts

Bill Ackman likes Duke and Kentucky for the final, Paul Tudor Jones favors Virginia and Arizona. Meanwhile, will Vikram Pandit show all those Citi execs who never believed in him with Gonzaga (2) v Kentucky (1)?

Steve Cohen's Apartment Basically Affordable Housing At This Point

And yet no one will make him an offer, despite slashing $36 million off the original asking price. $36 million, people! Who does he have to screw around here to at least get a dialogue going?

Steve Cohen Did Pretty Well For Himself Last Year

The end of 2012 might've been a tough one for the SAC Capital founder, what with the matter of a former employee being accused of orchestrating “the most lucrative insider trading scheme ever," being referenced in the complaint as Portfolio Manager A, and ultimately being forced to show the softer side of Steve but the Big Guy still managed to take home $1.3 billion, so he's got that going for him.