Dan Loeb has become a billionaire searching out value in financial markets.
Sentiment: POSITIVE
Many hedge fund managers have become billionaires; perhaps this - plus their reputations as the smartest guys in the room - is why they have captured the investing public's imagination.
There is one thing Anthony Weiner and I agree on: there are a lot of smart, hard-working people in the financial industry.
The richer you are and the more financial advisers you employ, the less likelihood there is that you can ever discover what you are really worth.
To beat the market you'll have to invest serious bucks to dig up information no one else has yet.
In rising financial markets, the world is forever new. The bull or optimist has no eyes for past or present, but only for the future, where streams of revenue play in his imagination.
Amazon's Jeff Bezos, Facebook's Mark Zuckerberg, Bill Gates, and Steve Jobs did not start out wealthy, and actually added to income inequality, but we all benefit from their creative effort.
There's a certain degree of speculation that goes into valuations. In so far as the market supports a valuation, everyone who gets a great one deserves it, but they should also be cautious because that speculation is temporary. I saw Yahoo go from $100 billion to $10 billion. It's not a long-term measure.
Some hedge fund managers have made big bucks trading oil futures - George Soros is one.
Who is rich? He that is content. Who is that? Nobody.
We look at Donald Trump: his bottom line is interconnected to all kinds of financial interests that he refuses to disclose. They actually affect his net worth.