Billionaire Dan Loeb has been one of the hottest hedge fund investors on Wall Street in recent years. While most other hedge fund investors struggled, Loeb kept outperforming many other players in the financial markets. He made daring successful bets on Greek bonds, orchestrated a staggering renaissance at Yahoo and outmaneuvered fellow hedge fund billionaire William Ackman by quickly flipping shares of Herbalife. But Loeb’s string of winning moves might be threatened in Japan, a country that has humbled investors so many times before and appears to be on its way to doing so again.
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