Dan Loeb

Founder of the hedge fund Third Point, cited in The Storytelling of Investing - Research for a line from his Third Point Q1 2022 letter that anchors the essay’s core thesis: “to be an investor is to live constantly at the intersection of story and uncertainty.” Kyle uses the quote to frame his central argument that every investment has two sides — the number and the story — and that mastering the story is the investor’s edge. See Storytelling and the published essay The Storytelling of Investing.

Context: Daniel S. Loeb is an American activist investor and founder/CEO of Third Point LLC, a New York hedge fund known for its pointed public letters to the boards of companies it targets.

Where this appears

• The Storytelling of Investing - Research — his Q1 2022 Third Point letter line (“the intersection of story and uncertainty”) is one of the framing quotes for the essay’s “We Are What We Believe” section.