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:
“Holding unconventional opinions makes people feel they have strong characters.”
—Mason Cooley (b. 1927)
“The men who carry their points do not need to inquire of their constituents what they should say, but are themselves the country which they represent: nowhere are its emotions or opinions so instant and so true as in them; nowhere so pure from a selfish infusion.”
—Ralph Waldo Emerson (1803–1882)
“The world is for thousands a freak show; the images flicker past and vanish; the impressions remain flat and unconnected in the soul. Thus they are easily led by the opinions of others, are content to let their impressions be shuffled and rearranged and evaluated differently.”
—Johann Wolfgang Von Goethe (1749–1832)