Dan Loeb Did Pretty Okay For Himself Last Month

He's got a fallback career as a ghostwriter of letters that will cause the recipients to piss their pants in fear but for now it looks like this whole hedge fund manager thing is panning out pretty well.
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As did David Einhorn, Mark Kingdon, and Larry "A giant tuna tried to murder my whole family" Robbins.

Billionaire Dan Loeb said at the start of last month that he planned to disregard the market proverb to “sell in May and go away.” His decision proved prudent. Third Point rose 1.9 percent last month and is up 5.7 percent in 2015, almost double the gain in the Standard & Poor’s 500 Index. Other managers who trade mostly stocks did even better. Larry Robbins’s main fund at Glenview Capital Management jumped 6.2 percent last month; David Einhorn’s Greenlight Capital rose 3.6 percent and Mark Kingdon’s stock fund at Kingdon Capital Management returned 4.7 percent, according to people with knowledge of the returns who asked not to be named because the returns aren’t public.

Dan Loeb Ignored 'Sell in May and Go Away' and It Paid Off [Bloomberg]

Related: Dan Loeb Pens His Dan Loeb-iest Letter Yet

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