Net Net: Promoting innovation and managing change
Net Net: Promoting innovation and managing change

Hedge Fund Manager Loeb Challenges Navy Seals to a Race

US Navy Seals
Photo: USN Mass Communication Specialist 2nd Class Christopher Menzie

This just in:

"In the spirit of one of the Navy SEAL Foundation mantra, 'all in…all the time,' prominent money manager Daniel Loeb, Founder and CEO of Third Point LLC, challenges three Navy SEAL Foundation Directors, all former SEALs, to run the “MightyMan” Half Iron Triathlon with him and his team on October 2, 2011 in Montauk, New York, to raise funds for the Foundation. Daniel will make a sizeable contribution to the Navy SEAL Foundation for each director who completes the race as well as help raise money around this event. Thank you Daniel for your generosity and the challenge; as they say in the SEAL Teams, “the only easy day was yesterday."

Pretty sure this means Loeb wins the "who is more macho" challenge among hedge fund managers.

(via DealBreaker)

Questions? Comments? Email us at

Follow John on Twitter @

Follow NetNet on Twitter @

Facebook us @