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.
-
Einhorn's Greenlight Capital Confirms Anadarko (APC) and BP (BP), Enters McDermott (MDR) and Take-Two (TTWO) (more...)
-
Einhorn's Greenlight Capital Enters Tempur Sealy (TPX), Ups Spirit AeroSystems (SPR), Cuts Rite Aid (RAD) (more...)
-
Einhorn's Greenlight Shows New Stakes in Amdocs (DOX), Rite Aid (RAD), Sells CBS (CBS) (more...)
-
Einhorn's Greenlight Capital Buys Up Barrick Gold (ABX), CBS (CBS), Legg Mason (GM), Marvell (MRVL) and GM (GM)
-
Einhorn's Greenlight Shows New Stake In Aeropostale (ARO), Ups Apple (AAPL), Sells Yahoo! (YHOO)
-
Einhorn's Greenlight Capital Shows New Stakes in Best Buy (BBY), GM (GM), Seagate (STX) and Yahoo! (YHOO), Among Others