Third Point RE was up 1.7% in the month of June, leading to a return of 5.5% YTD for the event-driven hedge fund run by Dan Loeb – we already reported the returns along with Greenlight Capital’s H1 returns, but below readers can also find a brief stat sheet for June. Stay tuned for Loeb’s Q2 letter to investors, which should come out in a few days- weeks.
Was Ben Graham's big purchase of GEICO shares actually a value investment? Perhaps it was contrary to what many believe. "In 1948, we made our GEICO investment and from then on, we seemed to be very brilliant people." -- Benjamin Graham, 1976 Both Benjamin Graham and Warren Buffett can attribute a large part of their Read More