Saturday, December 24, 2016

Activist Investors: Third Point's Dan Loeb Takes On Santa Claus

This is a few years old but ages well.
Via ZeroHedge:
The following Third Point letter may or may not have been actually sent, although if indeed shareholder activists - more aggressive now than ever thanks to the brilliant idea of forcing management teams to lever themselves up to the gills with what for now appears to be cheap credit - do get some original ideas thanks to this particular Vanity Fair lampoon, then children around the world will have a fabricated Dan Loeb to thank for having their Christmas presents delivered by an army of highly efficient and profit-maximizing Amazon drones.