Third Point 2019 Q3 Investor Letter

Third Point published its 2019 Q3 investor letter. You can download a copy below. The activist hedge fund returned 12.7% during the first three quarters of 2019, generating about 60% of S&P 500 Index's return for the same period. Hedge funds are having a tough time beating a bull market and Third Point noticed this fact too. Dan Loeb sees activism as one of the most important selling points of...