It was some time back in 2009 when we first predicted that in a world in which central banks have taken away the "fun" from fundamental analysis (having effectively nationalized capital "markets"), that in the not too distant futureShow More Summary
Igor Tulchinsky's WorldQuant, which manages $4.5 billion mostly for billionaire Israel Englander's Millennium Management, sued Matthew Ober after the data strategist said he was leaving WorldQuant to work for billionaire Dan Loeb's Third Point.
Wall Street pays close attention to the quarterly 13f reports from hedge funds as a way to scrutinize the portfolio moved of titans like Carl Icahn and Dan Loeb. What do we learn if we look at the actions of the top 50 hedge funds? According...Show More Summary
Billionaire hedge fund manager Dan Loeb has snapped up large stakes in Apple (AAPL) and Alibaba (BABA), and continued to expand his stake in Facebook (FB). But he has turned his back on Activision Blizzard (ATVI).
Billionaire Daniel Loeb is increasing his hedges and lowering his overall market exposure ahead of Tuesday's presidential election, treating the vote in the same way he positioned for Brexit.
The stock-pickers are (kind of) back. That's according to Third Point, the hedge fund led by Dan Loeb. The fund said in i n its third quarter letter sent Tuesday that the hedge fund business "is rapidly evolving." Here’s the relevant excerpt from the $14.9 billion firm (emphasis added): “We have seen a return to a “stock-pickers” market this year. Show More Summary
Third Point, the activist hedge fund founded by Dan Loeb, says democracy has been “meaningfully disrupted this year” by the US presidential election. With less than a week to go until election day, the hedge fund firm said that the season...Show More Summary
While in his most recent letter to investors, Greenlight's David Einhorn took on a strictly apolitical tone, keeping his criticism centered on the "mesmerizing" Elon Musk, and his old nemesis, the Federal Reserve, in the just released...Show More Summary
Two days day after the BOJ unveiled its “QQE with Yield Curve Control” (but no fries), the sellside has had time to digest the central bank's latest proposal and the assessment, unlike that of Dan Loeb, is anything but glowing. In fact,...Show More Summary
When Japan's PM Shinzo Abe spoke at the Reuters Newsmaker event yesterday, one prominent hedge fund manager was present: Third Point's Dan Loeb. As Reuters reported, the outspoken billionaire activist investor, whose Third Point hedge...Show More Summary
Take a good look at yourselves.
The U.S. central bank again declined to raise rates, leaving what hedgie Dan Loeb called the crack cocaine of loose monetary policy in place. The Fed counts talking to the market as one of its tools. But its story has changed so much that it might do better being less chatty.
The real Dan Loeb or an imitation will be fine.
Daniel Loeb's Third Point released its quarterly 13F filing with the SEC on Friday, revealing large new stakes in Facebook (FB), Monsanto (MON) and Allergan (AGN). The report, which is closely scrutinized by journalists and investors, also showed that Loeb's hedge fund exited positions in Amgen (AMGN) and EBay (EBAY) and cut its stake in Dow Chemical (DOW).
The Third Point manager feels like he's going into battle every damn day.