Episode

Dan Loeb - Lessons from 30 Years of Investing - [Invest Like the Best, EP.475]

Podcast
Invest Like the Best with Patrick O'Shaughnessy
Published
May 28, 2026
Duration seconds
3783
Processing state
not_requested
Canonical source
https://colossus.com/episode/reminiscences-of-an-investor/
Audio
https://traffic.megaphone.fm/CLS8547493168.mp3
JSON
/v1/public/podcasts/invest-like-the-best/episodes/dan-loeb-lessons-from-30-years-of-investing-invest-like-the-best-ep-475
Markdown
/podcast/invest-like-the-best/dan-loeb-lessons-from-30-years-of-investing-invest-like-the-best-ep-475.md

Actions

  • POST https://stenobird.com/v1/public/podcasts/invest-like-the-best/episodes/dan-loeb-lessons-from-30-years-of-investing-invest-like-the-best-ep-475/transcription-requests
    Idempotently request low-priority transcript generation for this episode.
  • GET https://stenobird.com/podcast/invest-like-the-best/dan-loeb-lessons-from-30-years-of-investing-invest-like-the-best-ep-475.md
    Read the agent-friendly Markdown representation of this episode resource.

Summary

My guest today is Dan Loeb, the founder and CEO of Third Point. Dan started Third Point in 1995 with a few million dollars, and today the firm manages over 24 billion across equities, corporate and structured credit, venture, and insurance. He is best known for his activist work at companies like Sotheby's, Sony, and Yahoo, and for the public letters he has written to boards over the years. What I find most interesting about Dan is how much his approach has evolved across thirty years. He came up as a credit and event-driven investor at Warburg Pincus and Jefferies, built Third Point, then layered in quality investing, thematic technology investing, and now a very large credit business that sits alongside the hedge fund. We cover how he thinks about the AI stack and the companies inside it he believes matter most, the difference between good and bad governance, what FTX taught him about due diligence, the Sony and Sotheby's stories, and the power of writing. Please enjoy my conversation with Dan Loeb. For the full show notes, transcript, and links to mentioned content, check out the episode page ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠. ----- Become a Colossus member to get our quarterly print magazine and private audio experience, including exclusive profiles and early access to select episodes. Subscribe at ⁠colossus.com/subscribe⁠. ----- ⁠Ramp’s⁠ mission is to help companies manage their spend in a way that reduces expenses and frees up time for teams to work on more valuable projects. Go to⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠ramp.com/invest⁠⁠ to sign up for free and get a $250 welcome bonus. ----- Trusted by thousands of businesses, ⁠Vanta⁠ continuously monitors your security posture and streamlines audits so you can win enterprise deals and build customer trust without the traditional overhea…