Billionaire Dan Loeb's Q1 Stock Picks

By Insider Monkey: Daniel Seth Loeb founded Third Point in 1995. He has more than $4 billion in assets under management. In 2005, he made $150 million, in 2006 he made $200 million, and in 2007 he made $270 million. In 2010, Third Point’s flagship fund returned 41.7%. He is known as an outspoken activist investor. His explicitly mocking letters that address various present issues are widely enjoyed by readers. His letter to his clients regarding Fairfax gained considerable media attention.

By Insider Monkey: By Matt Doiron

By Insider Monkey: Corporate insiders have material non-public information about their companies. They sometimes even trade on such information. Hedge funds sometimes also can obtain material non-public information and trade on it. This is illegal and those insiders and hedge fund managers may be caught and be sent to prison one day. However, ordinary investors can benefit from material non-public information by imitating the investments of insiders, which is totally legal.

Insider Monkey submits: Dan Loeb is one of the hottest hedge fund managers, returning more than 40% in 2010 after fees and expenses. His 2011 performance is also on tract to deliver spectacular returns. Dan Loeb’s Third Point Partners L.P. returned 3.7% in February and 8.1% during the first two months of 2011.

By Insider Monkey: By Guan Wang

Insider Monkey submits: Daniel Loeb, founder of New York based hedge fund Third Point, has more than $3.5 Billion in assets under management (AUM). He’s a very outspoken investor and a pioneer in activist investing. He made $150 Million in 2005, $200 Million in 2006, and $270 Million in 2007. We compiled Dan Loeb’s Third Point Offshore Fund’s returns starting from July 2007.

By Dividendinvestr:Billionaire Daniel Loeb oversees $8.9 billion at his hedge fund, Third Point LLC, which he established in 1995. Loeb has become known for his own brand of activism. Writing public letters to targeted corporate executives and board members, he seeks to affect changes at companies in which he invests.