The Grand Slam Hedge Fund Trade of 2012

By CNBC

In Quentin Tarantino's film Reservoir Dogs, Mr Pink gets away with the diamonds. His co-conspirators are left bloodied and dying.

When he was starting out as a hedge fund manager in the 1990s, Daniel Seth Loeb used to stalk investing chatrooms and message boards with an online persona: Mr Pink.

Mr Loeb has always evaded questions on the nom de plume, but it stuck as a nickname. And he appears to be living up to it. 

This week the 51-year-old, now one of Wall Street's most successful investors, scooped up a $500 million windfall for his clients in a bond buyback deal with the Greek government.

• Dozens of hedge funds have been burnt trying to play the eurozone crisis but Mr Loeb's Third Point is not one