Error message

  • Warning: ini_set() has been disabled for security reasons in drupal_environment_initialize() (line 692 of /home/sportste/public_html/includes/bootstrap.inc).
  • Warning: ini_set() has been disabled for security reasons in drupal_environment_initialize() (line 695 of /home/sportste/public_html/includes/bootstrap.inc).
  • Warning: ini_set() has been disabled for security reasons in drupal_environment_initialize() (line 696 of /home/sportste/public_html/includes/bootstrap.inc).
  • Warning: ini_set() has been disabled for security reasons in drupal_environment_initialize() (line 697 of /home/sportste/public_html/includes/bootstrap.inc).
  • Warning: ini_set() has been disabled for security reasons in drupal_environment_initialize() (line 700 of /home/sportste/public_html/includes/bootstrap.inc).
  • Warning: ini_set() has been disabled for security reasons in drupal_environment_initialize() (line 702 of /home/sportste/public_html/includes/bootstrap.inc).
  • Warning: ini_set() has been disabled for security reasons in include_once() (line 300 of /home/sportste/public_html/sites/default/settings.php).
  • Warning: ini_set() has been disabled for security reasons in include_once() (line 301 of /home/sportste/public_html/sites/default/settings.php).
  • Warning: ini_set() has been disabled for security reasons in include_once() (line 309 of /home/sportste/public_html/sites/default/settings.php).
  • Warning: ini_set() has been disabled for security reasons in include_once() (line 316 of /home/sportste/public_html/sites/default/settings.php).
  • Warning: ini_set() has been disabled for security reasons in drupal_settings_initialize() (line 806 of /home/sportste/public_html/includes/bootstrap.inc).
  • Warning: ini_set() has been disabled for security reasons in drupal_settings_initialize() (line 815 of /home/sportste/public_html/includes/bootstrap.inc).
  • Deprecated function: implode(): Passing glue string after array is deprecated. Swap the parameters in drupal_get_feeds() (line 394 of /home/sportste/public_html/includes/common.inc).
  • Deprecated function: The each() function is deprecated. This message will be suppressed on further calls in _menu_load_objects() (line 579 of /home/sportste/public_html/includes/menu.inc).

Two Sigma's two billionaire founders are going to arbitration, but there's already a clear winner: the firm's investors.

By Sports Wire on January 9, 2025

Co-Founders David Siegel and John Overdeck
Co-Founders David Siegel and John Overdeck.

Two Sigma


  • Two Sigma's billionaire cofounders, John Overdeck and David Siegel, are heading to arbitration.
  • The pair stepped down from the $60 billion quant in August.
  • Despite the cofounder drama, the firm's flagship returned 10.9% in 2024.

Two Sigma's billionaire founders are not done fighting, but luckily for investors, they're no longer at risk of being collateral damage.

The cofounders, John Overdeck and David Siegel, are heading to arbitration over their long-standing feud about how to manage the $60 billion asset manager that they started in 2001.

According to a Bloomberg report, the firm disclosed the arbitration in a letter to investors on Wednesday and said that it isn't party to the dispute. The firm did not respond to a request for comment.

  • Comment
Full Story

Shop and Save Big With Your Favorite Teams Now!