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.
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Einhorn's Greenlight Shows New Stake In Aeropostale (ARO), Ups Apple (AAPL), Sells Yahoo! (YHOO)
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Einhorn's Greenlight Capital Shows New Stakes in Best Buy (BBY), GM (GM), Seagate (STX) and Yahoo! (YHOO), Among Others
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13F from Einhorn's Greenlight Shows New Stakes in GM (GM), Seagate (STX), Raised Stakes in Microsoft (MSFT), Pfizer (PFE)
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Einhorn's Greenlight Moves Into an Oil Giant and Still Has The Taste for Gold (BP) (GDX) (S)
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Top 10 News Items 10/11-10/15: Fed Ready to Charge Ahead with QE2, Google Reports Blowout Quarter, Apple Crosses $300
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Einhorn's Greenlight Raises Stakes in Microsoft (MSFT), Pfizer (PFE), Xerox (XRX), Sells Out of ADP, Teradata (TDC)
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Einhorn's Greenlight Capital Raises Stake in CIT and Pfizer, Exits Boston Sci. and Adds New Xerox
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Loeb's Third Point Q4 13F Breakdown: Ups Bets In Financials, Exits Large Pharma
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Summary of 13F for Einhorn's Greenlight Capital: Betting Big on Healthcare, Still Playing Gold
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Einhorn Sticks With Gold, Gets More Healthcare and Takes A Stab At Possible Pick-Up In Employment
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Einhorn's Greenlight Capital Loads Up On Pfizer (PFE), Moves Out of Gold ETF (GLD)
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Einhorn's Greenlight Capital Continues to Build Gold Position (GLD, GDX), Raises EMC Stake, Gets Long PFE/WYE Merger
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Einhorn's Greenlight Capital Adds To EMC (EMC), Pfizer (PFE) Longs, Buys More Ford (F) Debt
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Quarterly Data Confirms Hedge Funds Exited Stocks In A Big Way