Dan Loeb missed his shot to profit from ‘American Sniper’

Written By Unknown on Jumat, 30 Januari 2015 | 10.46

After activist investor Dan Loeb confirmed that "American Sniper" Chris Kyle was once his shooting instructor, everyone on Wall Street wants to know exactly how good a shot Loeb is.

Chris Kyle in 2012.Photo: AP

Bloomberg reported he was introduced to Kyle by J. Kyle Bass, a hedge funder who had allowed Kyle to live at his Texas ranch, where he taught marksmanship. Kyle schooled Loeb after an economic summit there.

The report adds Loeb helped Kyle make "American Sniper" by introducing him to agents and producer Peter Morgan.

But Loeb passed on a chance to invest $250,000 in the movie, which has grossed more than $213 million.

Loeb, famed for picking fights in the financial world, declined to comment on his own marksmanship skills.


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