Wall Street Week: Steve Cohen's New Playing Field

Wall Street Week: Steve Cohen's New Playing Field

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Business

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Steve Cohen, a successful hedge fund manager, bought the New York Mets with the ambition of creating a championship-winning team. Initially, the Mets led the National League East, but their performance declined. Cohen, known for his analytical skills, publicly criticized the team's lack of productivity on Twitter, drawing parallels to the Moneyball strategy. His critique seemed to inspire the Mets, as they came from behind to win against the Giants in extra innings.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Steve Cohen's primary goal when he acquired the New York Mets?

To sell the team for a higher price

To create an exceptional team that wins championships

To make a profit from the team

To relocate the team to another city

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did Steve Cohen do after the Mets dropped in standings?

He decided to move the team to another city

He analyzed the team's performance and shared his thoughts on Twitter

He sold the team

He fired the entire team

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does OPS stand for in baseball statistics?

On-base and Pitching Statistics

On-base and Slugging Percentage

Offensive Performance Score

Overall Player Score

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which strategy does Steve Cohen's approach to the Mets resemble?

The strategy used by the Red Sox

The strategy used by the Yankees

Billy Beane's Moneyball strategy

The strategy used by the Dodgers

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the outcome of the Mets' game against the Giants after Cohen's public critique?

The Mets lost the game

The game was postponed

The Mets won in extra innings

The game ended in a tie