David Einhorn’s flagship hedge fund, Greenlight Capital, has lost 20.6% this year according to various sources, as key bets against SunEdison and Consol Energy have backfired. Since its launch in 1996, Greenlight has posted positive returns every year apart from 2008, when the fund was off 22.7%. If Greenlight remains in the red for the rest of the year, it will be only the second time in the fund’s history that’s it has lost money for investors. Greenlight’s public reinsurance vehicle, Greenlight Re, which reports the performance figures of its equity portfolio on a monthly basis, helps shed more light on the…
Einhorn's Greenlight Capital Down 20.6% YTD; Loeb's Third Point Down 0.3%
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk