Third Point Dumped Citi And Bank Of America After Seeing Obama’s Schedule

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Wayyy too many pit-stops for snacks, which only the shrewdest of investors like Daniel Loeb would know spell trouble.

Third Point First Quarter 2010 [PDF]

Comments (12)

  1. 1
    Posted by Anonymous | June 14, 2010 at 1:45 PM

    Paging Mr Paulson?

  2. 2
    Posted by Anonymous | June 14, 2010 at 1:48 PM

    ….and that’s when I said, “Aristocrats.”

  3. 3
    Posted by Kouwe | June 14, 2010 at 1:49 PM

    I must say, I am impressed. Common sense and knowing that an Arab is trying to destroy America is key in investing.

  4. 4
    Posted by Anonymous | June 14, 2010 at 1:58 PM

    @3 is a f’ing racist. Go home.

  5. 5
    Posted by guest | June 14, 2010 at 1:58 PM

    no posy in commercial bks = massively short GS.

  6. 6
    Posted by Anonymous | June 14, 2010 at 1:59 PM

    So…Boof Bonser is not my uncle?

  7. 7
    Posted by Anonymous | June 14, 2010 at 2:26 PM

    FIRST DRAFT — Not for Publication
    *************************************

    “For example, there is no doubt we need financial reform. The economy is getting fucked like a rented mule in Afghanistan. Third Point was one of the first to recognize than banks and bankers were nuttier than squirrel poop. We avoided them like Sandra Bullock seeing Jesse James from 300 ft away. But like the supertraders we are, we know that the cock “comes up at dawn” and we knew the financial sunrise would come again like we knew the morning would……”

  8. 8
    Posted by Anonymous | June 14, 2010 at 2:29 PM

    “Wayyy to many pit-stops for snacks”

    “Wayyy too* many pit-stops for snacks”

  9. 9
    Posted by MC Hammer | June 14, 2010 at 4:28 PM

    Wht hppnd to his head trader?

  10. 10
    Posted by Anonymous | June 14, 2010 at 4:40 PM

    MC @9: I think you meant to write, “Wht hppnd to his hd trder?”

  11. 11
    Posted by MC Hammer | June 14, 2010 at 4:52 PM

    @10 I was too legit to abbreviate. Couldn’t resist. Sorry.

  12. 12
    Posted by cheap bookmarking service | September 10, 2012 at 5:11 PM

    f8KNPM Fantastic article.Really looking forward to read more. Much obliged.