buffet and that snowflake

Third Point Takes Stake in Buffett-Backed Snowflake(Reuters)
(Reuters) – Billionaire investor and hedge fund owner Daniel Loeb told clients that one of his portfolios nursed small losses last month but was helped by positions in Snowflake Inc (SNOW) and Pinterest Inc (PINS), two fast-growing technology companies. The Third Point Offshore Fund is now up 3.6% for the year after slipping 0.7% in September following a gain of 8.4% in August.

Billionaire Investor Dan Loeb Follows Warren Buffett and Marc Benioff into Snowflake(Business Insider)
Billionaire investor Dan Loeb has followed Warren Buffett and Marc Benioff into Snowflake, the cloud-data platform that went public last month and saw its stock price more than double during its first day of trading. Loeb’sThird Point fund counted Snowflake among its winning investments in September, its latest portfolio update shows. However, it didn’t disclose the size of its stake or when it was purchased.
 
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