Michael Steinhardt

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Michael Steinhardt (b. 1941), once a prominent hedge fund manager, was among those profiled in the book Market Wizards by Jack D. Schwager (1993). He had formed his own hedge fund management firm, originally known as Steinhardt, Fine, Berkowitz & Co., in 1967, in his mid 20s. It opened an offshore fund in 1970. Over time, as Messrs Fine and Berkowitz went their own ways, this firm evolved into Steinhardt Partners. It was, in essence, an event driven multi-strategy fund.

Mr. Steinhardt subsequently retired from the asset-management business and has devoted himself to philanthropy. In his retirement, Mr. Steinhardt wrote his autobiography: "No Bull: My Life in and out of Markets".

He is said to be a very hands-on chairman of the board at one of the foundations he has endowed, the Jewish Life Network. The JLN describes itself as dedicated to strengthening the sense of Jewish identity among secular and non-Orthodox Jews in America. Steinhardt (who also describes himself as an atheist) has written that "Judaism is in danger of becoming obsolete."

[No references to his father (a fence for stolen jewels), his run in with the SEC where he paid 75% of a 70 million civil fine, or his work in Democratic party politics.] http://www.forbes.com/2001/11/08/1108steinhardt.html

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[edit] Further reading

Schwager, Jack D. (1993). Market Wizards: Interviews with Top Traders. 27 pages: Collins; Reissue edition. ISBN 0887306101.

Steinhardt, Michael (2001). No Bull: My Life In and Out of Markets. Wiley. ISBN 0471660469.

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