Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Third Point 2014 Q3 Investor Letter

Third Point's 2014 Q3 investor letter is out. You can download it below. Dan Loeb indicated in the investor letter that the long/short equity fund cut its positions in AIG, Hertz, Softbank, LNG, LNG AU, and Sony. Especially Hertz exit has been very beneficial for Third Point investors. Third Point Offshore Fund returned 0.1% during the third quarter and 6% year-to-date. Dan Loeb also discussed Amgen...