You would have been better off investing with David Einhorn than in the S&P in Q1 — but barely.
At Greenlight Capital, David Einhorn employs some practices that, for the hedge fund industry, could be defined as atypical.
First of all, he utilizes a tactic of “strategic procrastination,” meaning he avoids making decisions…
It’s been a big week for Micron Technology (NASDAQ:MU) and General Motors (NYSE:GM), both of which are constituents of the iBillionaire Index.
So what’s up?
Upon first glance, Greenlight Capital’s Q4 letter to investors has all the traditional components of a year-end outlook: a summary of future investments, an outline of the challenges and opportunities ahead, and predictions for the oil market…
They may be risk averse when it comes to placing long-term bets on the stock market, but billionaire hedge fund scions Leon Cooperman, George Soros and John Paulson are joining forces to invest in Caesars Acquisition Co. (NASDAQ:CACQ), a…
We know, we know, Bill Ackman won 2014. But Larry Robbins and David Einhorn haven’t done too shabby, either.
Likewise, it’s no secret this year hasn’t been Carl Icahn’s favorite on record (when it comes to investing, at…
“A different kind of person.”
“Too easy on some companies.”
“One of the few investors whose advice I bother to read and sometimes follow.”
Despite the increased volatility in the markets in recent weeks, David Einhorn is ready to buy.
In an exclusive CNBC interview with Steve Wapner, the Greenlight Capital Co-Founder and President…
A number of George Soros’ investments are killing it this year, but his top pick, YPF (NYSE:YFP), isn’t doing too hot. With fellow billionaire Bill Ackman, it’s a different story. The Pershing Square head’s portfolio isn’t exactly…
Twenty years ago, more than half of the members of the Forbes 400 list had inherited their wealth. Cut to today, two-thirds of the names in the ranking are self-made.
