Dan Loeb is out with his September letter. The hedge fund letter shows that the activist was up 2.6 percent in September and 18 percent in 2013, slightly trailing the S&P 500 for both time periods. Readers can find Dan Loeb’s August letter here.
Below is Dan Loeb’s September letter (stay tuned for his Q3 letter which should have much more info).
Warren Buffett: If You Own A Good Business, Keep It
Buying private businesses is easier than acquiring public firms, and investors should avoid selling good investments at all costs, according to the Oracle of Omaha, Warren Buffett. Q2 2020 hedge fund letters, conferences and more In an interview with CNBC in March 2013, Buffett was asked if he was looking at any businesses, in particular, Read More