2017 is turning out to be an outstanding year for hedge fund manager Dan Loeb. After smashing the market with returns of more than 20% in 2012 and 2013, it looked as if the fund manager’s star was failing in 2014, 2015 and 2016 when returns slumped to 5.7%, -1.4% and 5.7% for each year respectively. However, returns have picked up again this year. To the end of the third quarter, Dan Loeb’s Offshore and Ultra funds held respective gains of 14.5% and 23% and assets have returned to a previous peak of $18 billion. See also: Hidden Value Stocks:…
Dan Loeb On Thinking Like A Fighter Pilot And The Benefits Of Yoga
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk