Billionaire Steven Cohen Flips the Script: Picking Up Facebook (FB) Stock, Tuning Out Roku (ROKU)

Billionaire Steven Cohen Flips the Script: Picking Up Facebook (FB) Stock, Tuning Out Roku (ROKU)

Back in November, billionaire Steve Cohen predicted a bear market was approaching. The time frame he gave during an interview with the Financial Times (FT) was for it to come in 18 months. Did his prediction come early? Cohen’s remarks were spoken to the FT as his new hedge fund Point72 raised $5 billion since the firm opened its doors to outside investors.

Cohen is said to have had a return of…

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