186 days ago • Posted by Charles-Henry Monchau

Billionaire investor Dan Loeb's firm made almost $400 million betting on a post-election stock surge

According to the FT, a bullish bet on stocks just before the presidential election helped Daniel Loeb's Third Point rake in nearly $400 million in profits. Third Point, which has $13.5 billion in assets, experienced a 4.3% performance surge between November 1 and November 4, according to FT.

Dan Loeb