Dan Loeb on criminal justice reform
From Dan Loeb: The Lost Art of Short Selling, and Why Stock Picking is Back · · All-In Podcast
“I care deeply about income inequality. I care deeply about making sure that as many people have opportunities to the incredible things that we've all had here. So, my interest in criminal justice reform really started earlier with an interest in education and education reform.”
On , Dan Loeb, CEO & Founder at Third Point, spoke about criminal justice reform during Dan Loeb: The Lost Art of Short Selling, and Why Stock Picking is Back on All-In Podcast.
About Dan Loeb
Dan Loeb, founder and CEO of Third Point, said in a June 2026 interview that "the lost art of short selling has come back and it's absolutely critical" and that "this is a bond and credit pickers market." He discussed his evolution from early internet chat boards to running a multibillion-dollar hedge fund, and noted that assessing management teams remains a subjective, qualitative process based on pattern recognition. Loeb also described his philanthropic work in criminal justice reform, including efforts to secure a pardon for Ross Ulbricht, and said he continues to work on individual cases through an organization called Olive. In a May 2025 interview, Loeb stated that "you have to be a tech person today" because technology is "a big and growing and compounding part of the economy" that "affects everything else." He outlined Third Point's structure, noting the hedge fund strategy manages about $9 billion with roughly 30% in credit and the rest primarily in equities, and that the firm also runs a CLO business and an insurance company. Loeb said he tries to talk to smart people regularly and referenced Jensen Huang's model of the AI stack as a useful mental framework for thinking about the sector.