Should You Hold PG&E Corporation (PCG)?
Third Point Management, a New York-based investment advisor, released its first-quarter 2023 investor letter. A copy of the same can be downloaded here.
Daniel Loeb, founder of New York based hedge fund Third Point, has more than $4 Billion in assets under management (AUM). He’s a very outspoken investor and a pioneer in activist investing. He made $150 Million in 2005, $200 Million in 2006, and $270 Million in 2007. Third Point's flagship fund returned 41.7% in 2010.
