Dan Loeb, the activist hedge fund manager, closed last year with a +24% return after gaining +2.2% in December. The aggressive investor has several positions to thank for this performance. Dan Loeb’s return in his event driven strategies is better than many of his peers, but still failed to eclipse the +30% gain that was recorded by the S&P 500. We would like to discuss both Dan Loeb’s hits and misses but there is barely any bad pick to count in the last year, at least not in his long book in the U.S. Even Sony Corporation (NYSE:SNE) (TYO:6758), where…
Dan Loeb's Stellar Picks In 2013
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.