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Tuesday, October 22, 2013

Third Point Capital Q3 2013 Letter to Investors

Daniel Loeb's Third Point Capital is out with its Q3 2013 Letter to investors.  In the letter they disclose that they were up 4.8% in Q3 and are up 18% YTD (which is strikingly close to their 17.9% annualized return since inception).  In the letter they talk about their new position in Nokia and a new position in a credit master vehicle.  Third Point also shares its current views on the economy.  Good stuff as always.


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