Dan Loeb: The Lost Art of Short Selling, and Why Stock Picking is Back

Jason Calacanis, Dan Loeb, Chamath Palihapitiya, David Sacks, and David Friedberg engage in a dynamic conversation about Dan Loeb's career trajectory, from his beginnings on message boards to establishing a multibillion-dollar hedge fund. They explore the early days of Third Point, discussing influential mentors and navigating market challenges. The dialogue transitions to Loeb's strategic shift from event-driven investing to focusing on quality and AI. The intricacies of short selling and a notable homebuilder trade are dissected. Social issues come to the fore with Dan's advocacy for criminal justice reform and efforts toward a pardon for Ross Ulbricht.