Apex hedge fund to CEO: Get off your yacht!

CNBC – The chief investment officer of $1.23 billion hedge fund firm Apex Capital wrote a scathing letter on Feb. 3 to the board of business intelligence software company MicroStrategy, calling for a new CEO and various corporate changes.

But the real zinger of the letter is reminiscent of Third Point’s Loeb, famous for taking on the perceived personal excesses of chief executives with his so-called poison pen.

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