emotion, but also any subjective evaluation of factors outside of price behavior (such as the so-called fundamentals), to trigger each decision to be long or short each market, or not. In March 2006, Boston estimated Henry's net worth at $1.1 billion but noted that his firm had recently experienced difficulties. On November 9, 2012, the firm announced that it would stop managing clients' money by December 31, 2012, and Henry confirmed that total assets under the firm's management had fallen from $2.5 billion in 2006 to less than $100 million as of late 2012. Sports ownership John W. Henry grew up a fan of the St. Louis Cardinals, especially their star Stan Musial. After acquiring his fortune, his first foray into professional sports was in purchasing a Minor League Baseball team, the Tucson Toros of the Pacific Coast League, in 1989. He was also one of the founders of the Senior Professional Baseball Association, a winter league in Florida composed of retired major league players. Henry co-owned the winning team in the 1989–90 season, the West Palm Beach Tropics, managed by former Boston Red Sox "Impossible Dream" (1967) manager, Dick Williams. Henry sold his interest in 1990, and the league went out of business the following year. In 1990, Henry negotiated to purchase the Orlando Magic NBA team, for a short time was the lead general for an expansion team which became the Colorado Rockies, and headed a group attempting to land an NHL expansion bid in Florida, which would eventually be given to Phil and Tony Esposito, who created the Tampa Bay Lightning. Subsequently, Henry negotiated to buy the Miami Heat and later the New Jersey Nets. Henry entered Major League Baseball with his purchase of a small interest in the New York Yankees in 1991. Henry became the sole owner of the Florida Marlins in 1999, purchasing the club from Wayne Huizenga for a reported $158 million. In January 2002, Henry sold the Marlins in a multi-franchise deal to Jeffrey Loria, then owner of the Montreal Expos (now the Washington Nationals). Boston Red Sox Following his sale of the Marlins, Henry led a purchase of the Boston Red Sox with partners Tom Werner and the New York Times Company from the Yawkey Trust headed by John Harrington. Henry, as principal owner and Werner, as chairman, assembled a front office team headed up by Larry Lucchino with the express