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Dan Loeb Offers Mea Culpa For 'Mediocre' Returns
Tuesday, February 10, 2015 - 1:37pm | 335Activist investor Daniel S. Loeb used bad judgement in exiting positions and poor trading strategies in volatile markets, according to his quarterly letter to investors. Loeb's hedge fund Third Point LLC offered a return last year of 5.7 percent -- compared with the S&P 500 Index's...