
Black edge
by Sheelah Kolhatkar · first published 2017
7mentions
3recommended by
7HN commenters
2017–2021first – last mentioned
43% recommend57% neutral
"Steven A. Cohen is a Wall Street legend. Born into a middle class family in a decidedly upper class suburb on Long Island, he was unpopular in high school and unlucky with girls. Then he went off to Wharton, and in 1992 launched the hedge fund SAC Capital, which grew into a $15 billion empire. He cultivated an air of mystery and reclusiveness--at one point, owned the copyright to almost every picture taken of him--and also of extreme excess, building a 35,000 square foot house in Greenwich, flying to work by helicopter, and amassing one of the largest private art collections in the world. But
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You want to know more? Here: https://www.amazon.com/Black-Edge-Inside-Information-Wanted/...
on “If War Can Have Ethics, Wall Street Can, Too” ↗…at life/work in Silicon Valley. Two Sisters - Asne Seierstad; A story about 2 young Somalian immigrants to Norway who move to Syria to join ISIS. Also: Bad Blood Read in 2018 but published earlier: Black Edge - Sheelah Kolhatkar; The Solace of Open Spaces - Gretel Ehrlich; American Cornball - Christopher Miller
on “Ask HN: Favorite nonfiction books of 2018?” ↗…kicked out and threaten to be sued. According to this book fentanyl is more powerful and dangerous then cocaine, heroine and meth. I've never heard about it before this book, it's like an eye-opener. * Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street by Sheelah Kolhatkar - https://www.goodreads.com/book/show/32284263-black-edge The say goes "There are…
on “Ask HN: What is the best book you read in 2020?” ↗…90%+ returns solely on the basis of insider information. As for SAC, for the vast majority of his career, Stephen A Cohen was a momentum trader in the style of Paul Tudor Jones. If you read the book Black Edge or watch the PBS documentary To Catch a Trader, at some point in the late 90s to early 2000s, Cohen started employing expert networks. The use of expert networks was legal at the time, and remains a grey…
on “Carl Icahn dumps $31M in steel-related stocks before White House tariff talks” ↗I have read Black Edge, and Cohen's early scrape with insider trading in 1980s would seem to imply that his entire career has been based on getting insider information would it not? As to Raj you may be right I haven't followed…
on “Carl Icahn dumps $31M in steel-related stocks before White House tariff talks” ↗Black Edge is on one the largest insider trading cases ever prosecuted. There was no real hacking or advanced cyber crime (maybe just some social engineering) but was an interesting case of how some bad hedge funds…
on “Ask HN: Recommendations of good cybercrime novels?” ↗It was initially based on a true story described in the book "Black Edge". It just kept getting more and more outlandish once they ran out of source material.
on “Paul Stamets on the interrelationship among mushrooms, consciousness, and nature” ↗