| 18.08.2009 Opalesque Exclusive: Loeb's Third Point strolls through minefields of bailed out industries like 'a kid in a candy store', returning between +7.9-12.2% YTD |
| From The Opalesque Team: In his second quarter investor letter, Third Point Partners Daniel Loeb explained how the four funds managed by the firm would build on performance (ranging from +7.9% to +12.2% YTD) for the remainder of 2009. Looking to exploit a wealth of opportunity in the bailed out financials and automotive industries Loeb ramped up the long/short strategy in his funds from a |