QOTD: Dan Loeb on the Coming Washout

Posted by

So where do we go from here? As most investors have been caught offsides at some or multiple points over the past eight months, the impulse to do little is understandable. We are of a contrary view that volatility is bringing excellent opportunities, some of which we discuss below. We believe that the past few months of increasing complexity are here to stay and now is a more important time than ever to employ active portfolio management to take advantage of this volatility. There is no doubt that we are in the first innings of a washout in hedge funds and certain strategies.

Third Point 1Q16 Letter

Long-time readers know that I’m a big fan of Dan Loeb (Third Point) and his investor commentary. He’s razor-sharp and says what he thinks. You can read the entire letter to his investors at the link above.

About a thousand hedge funds closed their doors last year and almost all of the name-brand big funds have started off the year with huge losses or redemptions or both. The fact that Loeb thinks it is only the first innings of this is telling. You can get some more context here:

Loeb’s Third Point Says Hedge Funds in ‘Catastrophic’ Period (Bloomberg)

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. Vape Juice commented on Sep 25

    … [Trackback]

    […] Find More Information here to that Topic: thereformedbroker.com/2016/04/27/qotd-dan-loeb-on-the-coming-washout/ […]

  2. what's bitcoin evolution commented on Sep 30

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2016/04/27/qotd-dan-loeb-on-the-coming-washout/ […]

  3. Governance Risk and compliance commented on Oct 17

    … [Trackback]

    […] Find More Information here to that Topic: thereformedbroker.com/2016/04/27/qotd-dan-loeb-on-the-coming-washout/ […]

  4. 토토사이트 commented on Nov 01

    … [Trackback]

    […] Read More Info here on that Topic: thereformedbroker.com/2016/04/27/qotd-dan-loeb-on-the-coming-washout/ […]

  5. casino malaysia online commented on Nov 20

    … [Trackback]

    […] Find More on on that Topic: thereformedbroker.com/2016/04/27/qotd-dan-loeb-on-the-coming-washout/ […]

  6. rbc login commented on Nov 27

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2016/04/27/qotd-dan-loeb-on-the-coming-washout/ […]

  7. buy ruger long guns online commented on Dec 02

    … [Trackback]

    […] Here you will find 98702 additional Information on that Topic: thereformedbroker.com/2016/04/27/qotd-dan-loeb-on-the-coming-washout/ […]

  8. diamond painting commented on Dec 16

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2016/04/27/qotd-dan-loeb-on-the-coming-washout/ […]

  9. 사설토토 commented on Dec 24

    … [Trackback]

    […] Find More Info here to that Topic: thereformedbroker.com/2016/04/27/qotd-dan-loeb-on-the-coming-washout/ […]

  10. Bilskrot hämtning Göteborg commented on Jan 09

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2016/04/27/qotd-dan-loeb-on-the-coming-washout/ […]

  11. tren e 200 commented on Jan 18

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2016/04/27/qotd-dan-loeb-on-the-coming-washout/ […]

  12. Grote parasols commented on Jan 30

    … [Trackback]

    […] Read More Information here on that Topic: thereformedbroker.com/2016/04/27/qotd-dan-loeb-on-the-coming-washout/ […]

  13. agile DevOps continuous delivery commented on Feb 05

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2016/04/27/qotd-dan-loeb-on-the-coming-washout/ […]

HowIInvestMyMoney