Opinions
Loeb is well known in the financial world for writing public letters, in which he expresses disapproval of the performance and conduct of other financial executives. Supporters contend his letter writing is effective shareholder activism; critics counter that his letters are distracting for executives and uncomfortable for investors. Less than 10% of Third Point's total assets under management goes to shareholder activism.
Loeb has argued that the United States government is undergoing a 'crisis of leadership'; in his opinion, the administration of President Barack Obama is committed to "redistribution rather than growth".
Read more about this topic: Daniel S. Loeb
Famous quotes containing the word opinions:
“Only in America ... do these peasants, our mothers, get their hair dyed platinum at the age of sixty, and walk up and down Collins Avenue in Florida in pedalpushers and mink stoles—and with opinions on every subject under the sun. It isn’t their fault they were given a gift like speech—look, if cows could talk, they would say things just as idiotic.”
—Philip Roth (b. 1933)
“Almost all the opinions we have are taken on authority and on credit.”
—Michel de Montaigne (1533–1592)
“A man has a property in his opinions and the free communication of them.”
—James Madison (1751–1836)