David Einhorn
David Einhorn is the founder and manager of the activist hedge fund Greenlight Capital. Greenlight has $4 billion in assets and boasts annualized returns of 27% going back 10 years. Einhorn has been quoted as saying, "We take the traditional value investor's process and just flip it around a little bit. The traditional value investor asks 'Is this cheap?' and then 'Why is it cheap?' We start by identifying a reason something might be mispriced, and then if we find a reason why something is likely mispriced, then we make a determination whether it's cheap." In addition, Einhorn finished eighteenth in the World Series of Poker in 2006.
Einhorn made headlines in spring-2008 related to his short sale on Lehman Brothers (NYSE: LEH). Einhorn questioned the level of the investment bank's write-downs related to the credit crunch.
-
Pre-Open Stock Movers 8/6: (FOSL) (MKTG) (KORS) Higher; (MDR) (AEO) (ALLT) Lower (more...)
-
After-Hours Movers 8/5: (ININ) (WPO) (NYT) Higher; (AEO) (USU) (MDR) Lower (more...)
-
StreetInsider.com Pre-Open Movers 5/9: (BKS) (TSLA) (CTRP) Higher; (LPSN) (RAX) (MNST) Lower (more...)
-
Einhorn's Greenlight Capital Raises Stake in CIT and Pfizer, Exits Boston Sci. and Adds New Xerox
-
Summary of 13F for Einhorn's Greenlight Capital: Betting Big on Healthcare, Still Playing Gold
-
Einhorn's Greenlight Gets Very-Long Gold (GLD, GDX), Also Likes Solar (JASO, WFR) and Other Energy (AYE, PCX, PTEN)
