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.
Enjoy:
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