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If you were asked to name the single best investment of the past few years, you might think of stocks, gold, maybe crypto. But the best-performing “investment” wasn’t any of those.
Last weekend, a single basketball card sold for $12.9 million. Yes, you read that right: nearly thirteen million dollars for a tiny piece of cardboard.
Billionaire hedge-fund manager Steven Cohen has built one of the most successful investment firms on Wall Street. Cohen’s fund, Point72 Asset Management, manages nearly $40 billion in assets and has a reputation for backing huge, winning trades.