Explore popular quotes and sayings by an American businessman Daniel S. Loeb.
Last updated on November 13, 2024.
Daniel Seth Loeb is an American investor, hedge fund manager, and philanthropist. He is the founder and chief executive of Third Point, a New York-based hedge fund focused on event-driven, value-oriented investing with $14.8 billion in assets under management, as of June 2019.
New York magazine noted that Loeb's "preferred strategy" is to buy into troubled companies, replace inefficient management, and return the companies to profitability, which "is the key to his success." Loeb was described as "one of the most successful activists" in 2014.
I don't remember much about the specifics of the economics courses that I majored in - I apparently internalized the key concepts - but I still remember vividly the thrill of reading 'Don Quixote,' Epictetus, 'The Aeneid,' 'King Lear' and 'Candide,' and how contemporary the stories and ideas in these old and ancient texts struck me.
I love reading Warren Buffett's letters, and I love contrasting his words with his actions. He's a very wise guy.
Perhaps I was always intensely curious, but my Columbia education gave me a framework and a perspective to investigate new things - things that could be put into a historical and philosophical lineage.
I really just started buying art as a passion. I never considered it an investment, but it ended up being a good investment.
I didn't go to a business school. I didn't really study it.
I've enjoyed collecting. I've enjoyed art ever since - I'll tell you when - I went to Columbia. I went to the Met, and I saw Poussin's 'Rape of the Sabine Women', and it's this incredible, epic, great, great painting.
I fantasize that our politicians have been moved by the dialogues of Plato, and thus contemplate the ancient conflict of the sophists versus the lovers of truth.
Timing is everything in this markets.
In order to be a really good investor, you need to be a little bit of a philosopher as well.
The only thing I do know is that from chaos comes opportunity.