yep got in pre ipo and also bought 4 million shares from former ceo. Free money at the open. Would be nice if everyone could buy ipos well before they go public but that's only for the wealthy and rich. Regular dudes can't get that special treatment https://markets.businessinsider.com...po-110-percent-stoneco-gain-2020-9-1029577322
I just hope the old man hasn't lost his bearings. Tell me he dumped much of it at the open yesterday and I will love him again
Third Point Takes Stake in Buffett-Backed Snowflake(Reuters) (Reuters) – Billionaire investor and hedge fund owner Daniel Loeb told clients that one of his portfolios nursed small losses last month but was helped by positions in Snowflake Inc (SNOW) and Pinterest Inc (PINS), two fast-growing technology companies. The Third Point Offshore Fund is now up 3.6% for the year after slipping 0.7% in September following a gain of 8.4% in August. Billionaire Investor Dan Loeb Follows Warren Buffett and Marc Benioff into Snowflake(Business Insider) Billionaire investor Dan Loeb has followed Warren Buffett and Marc Benioff into Snowflake, the cloud-data platform that went public last month and saw its stock price more than double during its first day of trading. Loeb’sThird Point fund counted Snowflake among its winning investments in September, its latest portfolio update shows. However, it didn’t disclose the size of its stake or when it was purchased.