Third Point Management’s Q1 2021 Investor Letter Third Point Management, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here. Third Point returned +11.0% in the flagship Offshore Fund. For the month of April, the Offshore Fund returned +1.7%. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021. Published on May 10, 2021 at 11:39 am by Inan Dogan, PhD Warren Buffett never mentions this but he is one of the first hedge fund managers who unlocked the secrets of successful stock market investing. He launched his hedge fund in 1956 with $105,100 in seed capital. Back then they weren’t called hedge funds, they were called “partnerships”. Warren Buffett took 25% of all returns in excess of 6 percent.