Billionaire Activist Investor Dan Loeb Bought Gold, Then Dumped It 3 Months Later — Timing Hasn't Paid Off Yet
Dan Loeb's Third Point sold its entire gold stake after one quarter, just before bullion rallied in August.
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QUICK SPARK: $5.3B Flows Into ETFs. VOO, SGOV and GLD Lead Investor Demand
VOO led ETF inflows with $3.3B. Investors also poured money into Treasury and gold ETFs; total ETF flows reached $5.3B on Thursday.
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