Dan Loeb: Investing In Companies Trading At Bargain Basement Prices [Full Q3 Letter]
Investor Alert: Argentina Loaded With "White Gold" Opportunity Olesen Outperforms By Focusing On Deep ValueThe Olesen Value Fund lost 0.5% in the third quarter of 2022, bringing its year-to-date return to -12.6%, substantially better than the -21.6% loss for the MSCI All-Country World Index over the same period. Since its inception, the fund has returned 447% on on a cumulative basis or 13.1% annualized compared to 268% and 9.9% […] Read More Are US Banks At Money 20/20 (Vegas) "Lagging Behind" More 'Climate Minded' Banks Globally?Carbon footprint technology integrated into banking apps could drastically reduce America's emissions – but will require 'behavior change' from some of the country's biggest players. Monday 17th October 2022, Nevada US: Carbon footprint management fintech, Cogo, has announced that it will attend Money 20/20, Las Vegas (23-26 Oct). Cogo's technology currently empowers millions of people […] Read More Markets Experience A Corrective SetbackS&P 500 Friday's session reversed the upswing so much that it calls into question the Q4 rally as having started already. Given Friday's slide through both 3,640s and 3,625, Thursday's intraday reversal must be chalked down to pre-CPI positioning, short squeeze and options activity. It would be insightful to recap last two days so as […] Read More Third Point 3Q22 Letter: Investing In Companies Trading At Bargain Basement Prices [Full Q3 Letter]Dan Loeb's letter to Third Point investors for the third quarter ended September 2022, discussing the top five winners for the quarter. Dear Investor: During the Third Quarter, Third Point returned -3.2% in the flagship Offshore Fund. The top five winners for the quarter were Pacific Gas and Electric Co. (NYSE:PCG), Ventyx Biosciences, Inc. (NASDAQ:VTYX), […] Read More Will Goldman Sachs' Earnings & Revenue Beats Lift Sector Higher?Shares of Goldman Sachs gapped up at the open Tuesday following a better-than-expected third-quarter report. Earnings came in at $8.25 per share on revenue of $11.41 billion. Both were down from a year ago, but ahead of analysts' views. The company is reorganizing into three business units. One new unit, Platform Solutions, will have a […] Read More Another Relief Rally? Here's A Playbook For Traders And InvestorsThis is the seventh bear market rally in 2022. Investors are responding positively to "better-than-expected" earnings. If you've been setting up some trades this may present a short-term opportunity. The long-term trend is still bearish so investors should remain careful. Equities are on their second day of a bear market rally after last week's steep […] Read More Investors Look to Capitalize on the Budding Green Revolution |
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