Dan Loeb On Thinking Like A Fighter Pilot And The Benefits Of Yoga

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.

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And according to Loeb's third-quarter letter to investors, despite market year-to-date gains he's still highly bullish...