Money and Finance
- U.s. Funds Score Big By Betting Against Yen
Thanks to Will for passing this along. Some of the biggest U.S. hedge-fund investors have made billions betting against the yen, exploiting Japan's determination to weaken its currency and boost its economy. Wagering against the yen has emerged as...
- David Einhorn: Hedge Funds Are Underweight Apple
David Einhorn still loves Apple Inc. In an investor letter, Einhorn’s Greenlight Capital once again defends its Apple investment, reiterating Apple is “one of the most misunderstood stocks in the market.” Einhorn notes some critics discredit Apple’s...
- An Inside Look At David Einhorn's "big Short"
Hedge fund manager David Einhorn is taking an even harder line against Green Mountain Coffee Roasters (GMCR.O), his big short trade, claiming a recent audit committee review of the accounting issues he flagged is nothing more than a "whitewash." In an...
- Bloomberg Interview With David Einhorn
David Einhorn, president of hedge-fund operator Greenlight Capital Inc., talks about the European debt crisis and the U.S. labor market. Einhorn speaks with Betty Liu and Jon Erlichman on Bloomberg Television's "In the Loop."..........Also: Einhorn...
- The Confidence Man
Six years ago, hedge-fund manager David Einhorn made a speech at an annual investment conference about a stock he didn’t like—a mid-cap financial company called Allied Capital—and the world came crashing down on top of him. He was investigated by...
Money and Finance
Far From Wall Street and Silicon Valley, a Focus on Family Ties
When the hedge fund manager David Einhorn was just another investment analyst in the mid-1990s, his family gave him $500,000 to get his fund, Greenlight Capital, off the ground. Now that he is a billionaire after a career of doing battle with large corporations, he has returned the favor.
A world away from Wall Street and the tech money culture of Silicon Valley, the Einhorn family started a venture capital firm here, which raised a $40 million fund last year.
David Einhorn is the largest investor in the fund, run by his brother, Daniel, and their father, Stephen. The firm, Capital Midwest Fund, also led by another partner, Alvin Vitangcol, aims to tap the Midwestern work ethic and has ambitions of changing the way early stage investments are run.
- U.s. Funds Score Big By Betting Against Yen
Thanks to Will for passing this along. Some of the biggest U.S. hedge-fund investors have made billions betting against the yen, exploiting Japan's determination to weaken its currency and boost its economy. Wagering against the yen has emerged as...
- David Einhorn: Hedge Funds Are Underweight Apple
David Einhorn still loves Apple Inc. In an investor letter, Einhorn’s Greenlight Capital once again defends its Apple investment, reiterating Apple is “one of the most misunderstood stocks in the market.” Einhorn notes some critics discredit Apple’s...
- An Inside Look At David Einhorn's "big Short"
Hedge fund manager David Einhorn is taking an even harder line against Green Mountain Coffee Roasters (GMCR.O), his big short trade, claiming a recent audit committee review of the accounting issues he flagged is nothing more than a "whitewash." In an...
- Bloomberg Interview With David Einhorn
David Einhorn, president of hedge-fund operator Greenlight Capital Inc., talks about the European debt crisis and the U.S. labor market. Einhorn speaks with Betty Liu and Jon Erlichman on Bloomberg Television's "In the Loop."..........Also: Einhorn...
- The Confidence Man
Six years ago, hedge-fund manager David Einhorn made a speech at an annual investment conference about a stock he didn’t like—a mid-cap financial company called Allied Capital—and the world came crashing down on top of him. He was investigated by...