David Einhorn Likes Value Plays In Tech

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Mark Melin
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David Einhorn’s Greenlight Capital came roaring back in the second quarter of 2014, delivering 7.9 percent return for investors in a quarter that saw the S&P 500 deliver a strong 5.2 percent return. Returns on the year for the activist investor are 6.9 percent as David Einhorn’s fund had previous difficulty in its short portfolio during the previous period. The primary contributor to second quarter profits were long equities, which were up a strong 14 percent. David Einhorn’s key holding Micron A key holding for David Einhorn has been Micron Technology, Inc. (NASDAQ:MU). The fund’s recent investor letter said a spike…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.