Judge rules JP Morgan didn't rip off Lehman; David Einhorn's no good very bad month; "Man Robs Nail Salon, But Gets Manicure First"; and more.
Greenlight Capital, the $11 billion fund run by David Einhorn, is having a brutal year. Reuters' Svea Herbst-Bayliss reports that Greenlight lost 3.6% in September, bringing its decline to about 17% for the year. According to the fund's...Show More Summary
The hedge fund of billionaire David Einhorn continued to plunge in September, falling 3.5%, further denting his returns in 2015. Einhorn’s Greenlight Capital hedge fund is now down by 16.9% for the year, an ugly looking number for the noted stock picker and short seller. Einhorn’s returns, which were posted to the web site of […]
David Einhorn and Paul Singer were not surprised by the Germans' latest stunt.
Depending on how investors want to look at things.
David Einhorn, the founder of Greenlight Capital, is one of the world's most closely-followed hedge fund managers. When he talks about a company, the stock moves, or get "Einhorned." But the founder of the $11 billion fund is having a tough run. Show More Summary
Dreamers and the Defiant | China Cracks Down on ‘Spreading Rumors’
Billionaire hedge fund manager David Einhorn’s summer nightmare continued in August as his Greenlight Capital hedge fund lost 5.3%. Einhorn’s hedge fund is now down by 14% in 2015, making Einhorn the hedge fund billionaire who has probably been hit the hardest by the volatility that has rocked global stock markets in the summer of […]
The recent market turmoil has not spared one of Wall Street’s smartest stock pickers.
Einhorn; September rate rise; A bull on adult diapers; "Will Brooker, a film and cultural studies professor from Kingston University, is spending the next year becoming David Bowie in hopes of better understanding the music legend"; and more.
It is just not David Einhorn's kind of market. The billionaire hedge fund manager said on a conference call Tuesday morning that investors are shunning value stocks for momentum stocks, and it's taking a toll on his portfolio. "The overall market environment has become acutely unfavorable for our investment strategy," Einhorn said on the call. Show More Summary
brendan mcdermid/Reuters David Einhorn, founder and president of Greenlight Capital, speaks during the Sohn Investment Conference in New York May 4, 2015. Will John Paulson and David Einhorn give up the ghost when it comes to gold? Michelle Celarier at the New York Post points out that Paulson’s bets on miners, including AlgoGold Ashanti (AU), [...]
Gold is slamming hedge fund manager David Einhorn. Greenlight Capital's main hedge fund has fallen about 3% year-to-date, driven in part by the slump in gold prices, according to a Bloomberg report on Tuesday. In turn, Greenlight Capital Re, the reinsurance operation Einhorn runs which trades on the Nasdaq, is down 16% this year. Show More Summary
Spot the NFLX earnings day It appears that Einhorn was indeed right that red (free cash flow) is the new black: And speaking of David Einhorn, here are his ironically prophetic comments from his last investor letter: On April 15 after the close, Netflix (NFLX) announced its results for the first quarter and conducted a conference call. Show More Summary
Shares of Netflix (NFLX) are down $8.95, or 1.3%, at $698.66, following a withering attack on the streaming video operator yesterday from noted hedgie David Einhorn of Greenlight Capital in his note to clients. The attack comes just ahead of Netflix’s Q2 report tomorrow, after the closing bell. Einhorn blasted the company for focusing on profits far in [...]