Daniel Loeb's Third Point
published its fourth quarter investor letter
. Here is the most important part of the letter:
In order to keep our views proprietary and maximize time spent on investing, I am relinquishing authorship of our Quarterly Letter, which will now focus on analysis of portfolio positions, and business developments. I will share my market observations and outlook on our Investor Quarterly Calls. In addition, I may send out investment memos on an ad-hoc basis should it be in the interest of our investors.
Third Point 2010 Fourth Quarter Letter