The key to my success is buying into troubled companies.

Investors
Daniel S. Loeb
Born in 1961 in Santa Monica, California, Daniel Loeb is the founder and CEO of Third Point, a New York-based hedge fund. Known for acerbic open letters dubbed 'poison pen letters,' he pressures corporate boards into fundamental change, making him one of the foremost activist investors. Blending event-driven and value-investing strategies, Third Point managed approximately $4 billion in assets as of 2023.
View this figure's profile
Daniel S. Loeb's Other Quotes
Related Quotes
The most important thing is being attentive to cycles.
-- Howard Marks
You can't predict. You can prepare.
-- Howard Marks
Being too far ahead of your time is indistinguishable from being wrong.
-- Howard Marks
I try to invest in companies where the downside is limited and the upside is significant.
-- Bruce Berkowitz
Concentration is the key. If you believe in something, you should bet big on it.
-- Bruce Berkowitz
The bulls might be right that the company's accounting is fine, but they're asking us to take it on faith. We prefer to verify.
-- David Einhorn