In an interview with CNBC, founder and president of Greenlight Capital David Einhorn specified the two types of buybacks and detailed which one was good, and which one was bad.…
Tag: David Einhorn
Greenlight Climbs 36.6%, Recouping Losses
Greenlight Capital rose 36.6% in 2022, recouping losses that have plagued the fund since 2015, reports an article in Bloomberg. The $2 billion fund lost 20.4% in 2015 and 34.3%…
Value Investing May Not Come Back, Says Einhorn
In an interview with Bloomberg Television, the founder of Greenlight Capital David Einhorn said that he’s not sure if value investing will ever be a popular strategy again, because significant…
As Value Outperforms, Einhorn Avoids Most of the Carnage
It’s no secret that David Einhorn, founder of Greenlight Capital, favors value stocks, and that approach paid off in January as Greenlight fell only 0.6% amidst market turmoil, reports Yahoo!…
Shift from Momentum Proves Boon or Einhorn's Greenlight Capital
David Einhorn’s Greenlight Capital hedge funds gained 8.4% in September, bringing average weighted returns for the year to 24%, the company reported. This according to a recent article in Bloomberg.…
Hedge Funds Struggling in the Insurance Game Present Value Play
When Third Point’s Daniel Loeb and Greenlight Capital’s David Einhorn took the plunge into what a recent Barron’s article describes as the “warm waters of the reinsurance business”, the article…
Money Managers to Track in 2019
An article in The Wall Street Journal quips, “The people running your money have a lot to prove in 2019,” arguing that hedge fund managers will have to show that…
David Einhorn Favoring Retail Over Tech
In the second quarter, David Einhorn’s Greenlight Capital sold tech stocks in order to buy retail shares, according to a public filing of its holdings as reported in a recent…
Investors Flee from a Hedge Fund Star
After more than ten years of impressive returns, David Einhorn’s Greenlight Capital Inc. has seen assets under management drop from a reported $12 billion in 2014 to about $5.5 billion,…
The Tarnishing of David Einhorn
A recent article in Institutional Investor chronicles the fall-from-grace of hedge fund legend David Einhorn, billionaire founder of Greenlight Capital. “It takes a certain amount of self-confidence to think you’re…