Need to Know: Dan Loeb’s playbook for investment home runs in the Trump era

It certainly feels like Groundhog Day — the movie about a TV personality who does the same thing over and over.

Donald Trump has yet again made lots of people angry, including those famously laid-back Australians. Meanwhile, investors continue to scratch their heads over how to play the new state of affairs.

Fresh off a disappointing 2016, hedge-fund manager Dan Loeb is explaining how he’s got it figured out now. He provides our call of the day.

“While America may or may not be made great again, there is no question that the rules are literally being rewritten,” the Third Point boss and his team say in their latest quarterly letter to clients.

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