Einhorn Seeing Opportunities in Gold, Stocks; Warns on Interest Rates

Hedge fund guru David Einhorn says he’s net long in the current market, and is continuing to hold a big position in gold. In an interview with CNBC, Einhorn says he’s 30% to 35% net long right now. He talks about some of his equity positions, including Sprint Nextel, a recent purchase for him. In a separate clip, Einhorn talks about why he thinks keeping interest rates low for lengthy periods is a dangerous policy, and discusses his take on the lessons of the financial crisis.

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