Part 8/10:
In addition to thriving in volatile markets, Cohen diversified his portfolio by investing in the world of professional sports. In 2021, he purchased the New York Mets for an astounding $2.5 billion. This marked a significant milestone in his journey, but ultimately introduced a new set of challenges as he sought to revitalize a struggling franchise steeped in historical underperformance.
Cohen’s commitment to turning around the Mets has sparked excitement among fans, even if the team still battles typical sports franchise tribulations. His transformative leadership imprints a blend of calculated risks borrowed from his finance career.