Dan Loeb: The Lost Art of Short Selling, and Why Stock Picking is Back
Jun 5, 2026 · 2 min
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0:00Legendary activist investor Dan Loeb.
0:03He of course is the CEO and CIO of ThirdPoint.
0:06The lost art of short selling has come back and it's absolutely critical.
0:11Doesn't matter.
0:11We do have to be really selective.
0:13People talk about stock pickers market.
0:15This is a bond and credit pickers market.
0:17When we were small, our main tool was shame and humor.
0:21Dan Loeb turning up the heat on Nestle over the weekend.
0:25The shift has really been more towards a dare to be great message.
0:28Activism without proxy contests is like Catholicism without hell.
0:34You're very active on the Twitter as well.
0:37You found your voice.
0:39A lot of emotion brewing there.
0:41Can we actually start with that?
0:42Before Twitter, you were actually quite active, but they were in very different places.
0:47I mean, you were in Wall Street Bets before Wall Street Bets existed.
0:50Can you just walk us through your evolution as a public persona?
0:56Sure.
0:57I mean, there was this brand new technology that came out called the internet.
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