Third Point Boosts Stock Exposure

Here’s where the firm headed by Dan Loeb sees the biggest opportunities.

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David Paul Morris/Bloomberg

Dan Loeb has grown much more bullish on stocks.

The Third Point founder told clients in his second-quarter letter that he has lifted his net exposure to 70 percent. This compares to about 42 percent at the end of June, according to the firm’s June report.

“We

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