This Billionaire Is Now Using One Of Our Top Strategies
Has billionaire Dan Loeb been reading the RiskHedge Report? Q2 2021 hedge fund letters, conferences and more Dan Loeb's FortuneLoeb climbed to the top of Wall Street by achieving remarkable success as an “activist investor.” In a nutshell, Loeb would buy large stakes in struggling companies… replace management… and make other adjustments (like cutting a dividend) to turn around the company. That’s how Loeb amassed a $4 billion fortune. Most people with that much success wouldn’t change their approach. If it isn’t broke, why fix it, right? But Loeb recently made a huge change in how he invests…...