Skip to main content

Ross Garon is living the dream, retiring at the age of 48 after what has been by this account a very successful 10-year-run at the helm of Cubist Systematic Strategies, Point72 Asset Management’s quantitative arm. Of course, one man’s desire for rest and relaxation and not getting yelled at all the time is not the same thing as Steve Cohen abandoning the nerd game in which he’s invested so much time and energy in recent years. Far from it! For Cohen is not only dedicated to keeping Cubist going—and why wouldn’t he be, given how successful it apparently is—but in building upon it, in a Robocop kind of way.

In an email to employees, Mr. Cohen said he was still committed to his quant-trading operation, as well as the idea of combining quant and traditional investing, something he calls “person + machine.”

“I expect us to continue to expand the use of systematic strategies across the firm,” he wrote.

Point72’s Head Quant Is Leaving the Firm [WSJ]


Steve Cohen Is A Quant Now

Well, he's not, but 30 of his new employees are.


FYI: Steve Cohen Is Still Steve Cohen

Black or otherwise, the Big Guy’s still got an edge.


Selling Steve Cohen

“Yea, about that headline/lawsuit/etc.”


Steve Cohen’s Not-So-Crack Naming Unit Stumbles Upon Decent Handle

The only problem is another money manager’s been using it for almost 20 years and isn’t interested in sharing.

Getty Images

Steve Cohen Knew This Whole Comeback Thing Was A Mistake

Now you do, too, although you don’t get 2.75% of $5 billion just for showing up.

Getty Images

Ken Griffin Is Triggering Steve Cohen

The Citadel chief is paying through the nose to keep Point72’s talent problem alive and well.