Value Investing News

In early August, we noted how Dan Loeb's Third Point reduced equity exposure for the third consecutive month. That decision has certainly paid off as Loeb's fund was only down 2.8% in August compared to the S&P 500 which was down 5.4%. Year-to-date as of the end of August, Third Point is up...

• http://www.marketfolly.com/2011/09/dan-loebs-third-point-outperforming.html (154)