# Dan Loeb: The Lost Art of Short Selling, and Why Stock Picking is Back Page: https://stenobird.com/podcast/all-in-with-chamath-jason-sacks-friedberg-1015378/dan-loeb-the-lost-art-of-short-selling-and-why-stock-picking-is-back Text version: https://stenobird.com/podcast/all-in-with-chamath-jason-sacks-friedberg-1015378/dan-loeb-the-lost-art-of-short-selling-and-why-stock-picking-is-back.md Podcast: [All-In with Chamath, Jason, Sacks & Friedberg](https://stenobird.com/podcast/all-in-with-chamath-jason-sacks-friedberg-1015378) Published: 2026-06-05T19:18:00+00:00 Episode link: https://allinchamathjason.libsyn.com/dan-loeb-the-lost-art-of-short-selling-and-why-stock-picking-is-back Audio file: https://dts.podtrac.com/redirect.mp3/traffic.libsyn.com/secure/allinchamathjason/DanLoeb_Ch.mp3?dest-id=1928300 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/all-in-with-chamath-jason-sacks-friedberg-1015378/episodes/dan-loeb-the-lost-art-of-short-selling-and-why-stock-picking-is-back Duration seconds: 1876 ## Resource (0:00) Dan Loeb joins the Besties! (0:34) Investor journey: From message boards to a multibillion dollar hedge fund (3:15) Third Point's early days: mentors and market turmoil (8:47) Strategy shift: Event-driven to quality and AI (16:01) The art of short selling and a homebuilder trade (22:15) Criminal justice reform and the Ross Ulbricht pardon Thanks to our partners for making this possible! EY - Agentic AI is introducing a new investment discipline. As AI shifts to consumption-based models, EY connects spend to enterprise value. https://www.ey.com/en_us/insights/ai/agentic-ai-token-costs?WT.mc_id=3501318&AA.tsrc=sponsorship NYSE - Thank you to our partner, the New York Stock Exchange - a modern marketplace and exchange for building the future. It all happens at the NYSE. https://www.nyse.com Plaud - Never miss a moment. Plaud, our official wearable AI note-taking partner at All-In Liquidity Summit, captured every insight. https://www.plaud.ai Follow Dan Loeb: https://x.com/DanielSLoeb1 Apply for Summit 2026: ⁠https://allin.com/events⁠ Follow the besties: ⁠https://x.com/chamath⁠ ⁠https://x.com/Jason⁠ ⁠https://x.com/DavidSacks⁠ ⁠https://x.com/friedberg⁠ Follow on X: ⁠https://x.com/theallinpod⁠ Follow on Instagram: ⁠https://www.instagram.com/theallinpod⁠ Follow on TikTok: ⁠https://www.tiktok.com/@theallinpod⁠ Follow on LinkedIn: ⁠https://www.linkedin.com/company/allinpod⁠ Intro Music Credit: ⁠https://rb.gy/tppkzl⁠ ⁠https://x.com/yung_spielburg ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/all-in-with-chamath-jason-sacks-friedberg-1015378/episodes/dan-loeb-the-lost-art-of-short-selling-and-why-stock-picking-is-back/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/all-in-with-chamath-jason-sacks-friedberg-1015378/dan-loeb-the-lost-art-of-short-selling-and-why-stock-picking-is-back.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.