Third Point Falls -11.5% In Q1, Outperforms In April With Energy Stocks [Full Letter]

[Valuewalk premium advertisement ad unit]() ​ ​[Third Point Falls -11.5% In Q1, Outperforms In April With Energy Stocks [Full Letter]](=)​ Dan Loeb's Third Point returned -11.5% in its flagship fund for the first quarter of 2021, according to a copy of the hedge fund's quarterly investor update, which ValueWalk has been able to review. The fund underperformed both the S&P 500 and the Credit Suisse Hedge Fund Event-Driven indices, which returned -4.6% and -2.4%, respectively. […] [Read More](=)​ ​[High-Yield Deep-Value LCI Industries Exceeds All Expectations](=)​ LCI Industries Is A Steal At These Prices We expected LCI Industries (NYSE:LCII) to do well in Q1 and outperform the Marketbeat.com consensus estimate but even we were surprised by just how strong the results were. The company was able to overcome numerous challenges including rising prices and supply chain hurdles to produce the strongest […] [Read More](=)​ ​[If PetMeds Is A Good Buy There Will Be A Better Signal](​ Shares of PetMeds (NASDAQ:PETS) are rocketing higher in the wake of what we can only call a mixed report. The news wasn’t bad and it wasn’t good and it certainly isn’t enough to have shares up by 9%, not unless you factor in the short interest. The short interest was over 21% at the start […] [Read More](​ ​[Charles Munger: Stocks Are Being Traded On A Casino Basis]()​ In the latest Berkshire Hathaway Annual Meeting, Charles Munger discusses how stocks are being traded on a casino basis. Here’s an excerpt from the meeting: Q1 2022 hedge fund letters, conferences and more [Read More]()​ ​[Is Atlas Air Worldwide Holdings, Inc. (NASDAQ: AAWW) A Great Value Stock?](=)​ Based on the improved performance metrics, which we recently added to our stock screens, Atlas Air Worldwide Holdings, Inc. (NASDAQ: AAWW) could be a great value stock: Q1 2022 hedge fund letters, conferences and more [Read More](=)​ ​[Shopify (NYSE:SHOP) Approaches Key Support Level](​ Tech investors have been given plenty of lessons in the past few months about making the best of a bad situation, none more so than Shopify (NYSE:SHOP). The e-commerce platform was one of the darlings of the pandemic fuelled rally in 2020 and was hitting all-time highs as recently as last November. But like Icarus […] [Read More](​ ​ [facebook]() [twitter]() [linkedin]() [instagram](=) Copyright 2021 VALUEWALK LLC, All rights reserved. You are receiving this email because you subscribed to this newsletter on [valuewalk.com]() [Unsubscribe]( or the 295 Madison Avenue 12th floor, New York, NY 10117 973-685-6523