David Einhorn’s Greenlight had a strong fourth quarter; Gains on Neubase Therapeutics [Full Q4 Letter] – ValueWalk Premium
david einhorn, reading, valuewalk, internet, investment research, Greenlight Capital, hedge funds, Greenlight Masters, famous hedge fund owners, big value investors, websites, books, reading financials, investment analysis, shortselling, investment conferences, shorting, short bias

David Einhorn’s Greenlight had a strong fourth quarter; Gains on Neubase Therapeutics [Full Q4 Letter]

David Einhorn's Greenlight Capital was up 5.2% in 2020, underperforming the S&P 500's 18.4% return. For the fourth quarter, the fund was up 25%, which was its best quarterly result ever. Longs contributed 42% during the fourth quarter, while shorts detracted 15% and macro detracted 1%.

Q4 2020 hedge fund letters, conferences and more

Growth stocks significantly outperformed value stocks during the first nine months of 2020, but the fourth quarter brought a moderate reversal. Despite that reversal, the Russell 1000 Pure Growth Index was up 67%, while the Russell 1000 Pure Value Index was flat.
Strong performance in the long book
In his fourth-quarter letter to investors, which was reviewed by ValueWalk

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 [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
0