David Einhorn Laments At Greenlight Annual Dinner: In 2018 “We Weren’t Right About Anything” – ValueWalk Premium

David Einhorn Laments At Greenlight Annual Dinner: In 2018 “We Weren’t Right About Anything”

Last year, David Einhorn's Greenlight Capital recorded one of the worst losses in its 23-year history.

As has been widely reported over the past few weeks, Einhorn's flagship fund lost -34.3% in 2018 substantially underperforming the S&P 500, which lost -4.4% for the year. 2018 was the year "we weren't right about anything," Einhorn told his partners at the hedge fund's 23rd annual partner dinner.
If you’re looking for value stocks, and exclusive access to value-focused hedge fund managers, check out ValueWalk’s exclusive value newsletter, Hidden Value Stocks. Use code 15percent10 at checkout. Offer valid for next 10 subscribers or March 31, 2019 whichever comes first!
According to his presentation at the dinner, all but two of Greenlight's positions moved against the hedge fund in 2019. When the dust settled at the end of the year, only Micron and Twitter had produced a positive gross return according to a copy of the presentation that ValueWalk has been able to review.

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email support@valuewalk.com or click chat.


X
Saved Articles

The Life and Career of Charlie Munger

Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing
Never Miss A Story!
Subscribe to ValueWalk Newsletter. We respect your privacy.

What’s missing today for many investors is real, straightforward advice.

Especially when it comes to Value Investing and Hedge Funds. 💵

That’s what makes ValueWalk Premium different. Some would say we’re “unusual.”

Our subscribers look forward to clear, easy-to-understand information they can act on.

Sign up for  today for only a few dollars a day and get a 3 day no obligation trial with a targeted 20% discount coupon code.

Cancel anytime during trial and you are never charged.

Limited time offer: For first 50 subscribers

0