[From The Archives] Cheryl Strauss Einhorn 1994 Article On Lehman Brothers

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Rupert Hargreaves
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In July 1994, Barron’s ran an article on the newly independent bank, Lehman Brothers. The story was written by Cheryl Strauss Einhorn, an award-winning journalist and wife of David Einhorn. The article, titled, “Lehman Brothers — Regaining Glory” questioned whether Wall Street would ever come to respect the bank’s gilt-edged reputation as an independent company after being spun off from parent, American Express, only a few months before. 13 years after Barron’s published this piece on Lehman by Cheryl Strauss Einhorn, David Einhorn announced publically that he was short Lehman’s stock after finding discrepancies between the firm’s latest financial filing and what…

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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