Dan Loeb, this story left me stunned—turns out the king of Wall Street also once slept on a sofa. Money can buy alpha, but it can't buy someone willing to take your call at 3 a.m.

ME News message: On May 29 (UTC+8), Wall Street legend and hedge fund manager Dan Loeb said that kindness is especially important. He recalled that, during the depths of his unemployment, friends were willing to let him sleep on their couch and put in hundreds of thousands of dollars to support his investments, helping him build a hedge fund empire. He couldn’t help but reflect: “The one thing money can’t buy is your continued faith in your friends when you have nothing left.” (Source: Wall Street Insights)