Dan Loeb: The Lost Art of Short Selling, and Why Stock Picking is Back
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Legendary activist investor Dan Loeb. He of course is the CEO and CIO of Third Point. The lost art of short selling has come back and it's absolutely critical. It doesn't matter. We do you have to be really selective.
People talk about stock pickers market. This is a bond and credit pickers market. When we were small, our main tool was a shame and humor. Dan Loeb turning up the heat on Nestle over the weekend. The shift has really been more towards
a dare-to-be great message. Activism without proxy contests is like Catholicism without hell. You're very active on the Twitter as well. Oh well you found your voice. lot a lot of emotion brewing there.
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