So Far The Market Is Not Heeding Dan Loeb's Advice

November 21, 2016 3:40 PM EST

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Third Point's Dan Loeb had a warning on twitter for investors on Friday: "Be careful and don't have too much tech"

So far the market is not heeding the hedge fund billionaire's advice with tech stocks rallying, markets at all time highs and 'risk on' trades a go go. It remains to be seen if his warning proves prescient.

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Daniel Loeb, Third Point LLC

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