berkshiremystery Posted October 3, 2012 Share Posted October 3, 2012 Daniel Loeb's Third Point 3rd qtr letter is out! It contains some interesting write-up about AIG. http://www.thirdpointpublic.com/wp-content/uploads/2012/10/Third-Point-Q3-2012-Investor-Letter-TPOI.pdf http://www.thirdpointpublic.com/reports/quarterly-letters/ Link to comment Share on other sites More sharing options...
berkshiremystery Posted October 3, 2012 Author Share Posted October 3, 2012 Third Point's Loeb bets big, and wins, on Greek debt Hedge fund manager Daniel Loeb built a major position in distressed Greek government bonds in September, according to a monthly report he sent to his investors In that letter the $9.3 billion hedge fund had told investors "we anticipate Europe's dysfunctional capital markets to continue generating a steady stream of similar eventdriven, attractive ideas for us to incorporate into our portfolio." http://www.reuters.com/article/2012/10/03/hedgefund-thirdpoint-loeb-idUSL1E8L35C020121003?feedType=RSS&feedName=rbssEnergyNews&rpc=43 Link to comment Share on other sites More sharing options...
giofranchi Posted October 4, 2012 Share Posted October 4, 2012 berkshiremystery, thank you for posting! We had already talked about Third Point’s investment in AIG, do you remember? It has been a few days since your last post… where have you been?! Don’t leave us without your thoughtful ideas! ;) giofranchi Link to comment Share on other sites More sharing options...
berkshiremystery Posted October 4, 2012 Author Share Posted October 4, 2012 berkshiremystery, thank you for posting! We had already talked about Third Point’s investment in AIG, do you remember? It has been a few days since your last post… where have you been?! Don’t leave us without your thoughtful ideas! ;) giofranchi I remember,... but that was almost some 3 weeks ago... http://www.cornerofberkshireandfairfax.ca/forum/general-discussion/third-point-offshore-investors-ltd/msg85022/ Now Daniel Loeb's new letter as of October 3rd has some interesting new write-up about AIG. Coming to your second question, where I have been,... well, that I wonder myself,... sometimes life keeps me occupied, that I wonder a few days thereafter how fast time flies,... and you say,... only a few days. Well, a least I make all my investments the way that they could run on autopilot and I could take some midday nap like Mohnish does. I wouldn't like the hassle to look at the ticker tape each hour. In the past few days,... I was occupied with an overload of other work. But thanks, for your nice worries,... I'm surprised that I'm so much needed here. Link to comment Share on other sites More sharing options...
CassiusKing1 Posted October 4, 2012 Share Posted October 4, 2012 Any report/letter that has lyrics from Tupac contained in it has got my attention. Link to comment Share on other sites More sharing options...
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