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GLNCY - Third Point First Quarter 2022 Investor Letter
Glencore PLC ADR
Third Point is an SEC-registered investment adviser based in New York. The firm was founded in 1995 by Daniel S. Loeb, who serves as Chief Executive Officer. Third Point focuses on event-driven, value-oriented investing.
During the First Quarter, Third Point returned -11.5% in the flagship Offshore Fund.
The path to wringing out the excesses in the financial system will be bumpy and create clear winners and losers before we hit “normalization”.