A Wall Streeter who has known Loeb since his early days in New York describes how Loeb climbed to the pinnacleof hedge - fund success: He started out «a little bit like J.P. — John Paulson [founder and president of the hedge fund Paulson & Co.].
One writer on a blog related a story about how he received a positive book review in The New York Times, the pinnacleofsuccess for a writer, and he sold only a couple of books as a result.