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.
View Older Stories View More Recent Stories
-
Einhorn's Greenlight Capital Discloses 9.56% Stake in Fifth Street Finance (FSC)
-
Lehman (LEH) Shares Flirt With Bear Stearns Armageddon Levels
-
After Profitable Lehman Short, What Else Is David Einhorn Trading? Health Mgmt (HMA), Patriot Coal (PCX), Microsoft (MSFT) Among Others
-
Greenlight Capital Objects to Reorganization of MI Developments (MIM)
-
Obrem Capital Boosts Stake In Micrel (MCRL), Requests Special Meeting to Replace Board
-
Following Einhorn: Walgreen (WAG) Looks Like a Good Buy
-
MI Developments (MIM) Announces Rescheduling of Greenlight Capital Appeal Hearing
