David Einhorn’s newest letter and his largest successful positions
Andrew Harrer | Bloomberg | Getty Photos
David Einhorn’s Greenlight Capital posted a flat quarter following its finest three-month interval ever on the finish of 2020.
In a letter to traders obtained by CNBC, the hedge fund supervisor broke down his largest winners within the first quarter and the explanations for the mediocre efficiency.
The Greenlight Capital funds misplaced 0.1% from January to March, in comparison with a 6.2% return for the S&P 500, the hedge fund mentioned within the letter.
Einhorn additionally detailed his outlook for inflation, financial restoration in addition to the retail buying and selling mania earlier within the 12 months that partly led to his underperformance. Listed below are the highlights from the letter.
Aer Lingus in talks for lots of of hundreds of thousands of euros in further liquidity By Reuters
© Reuters. FILE PHOTO: The Aer Lingus EI-DER Airbus A320 makes its ultimate method for touchdown at Toulouse-Blagnac airport, France,…
Actuality test for Volkswagen in China after sluggish begin for electrical automotive sequence By Reuters
2/2 © Reuters. FILE PHOTO: Individuals stroll previous an ID. Retailer X showroom of SAIC Volkswagen in Chengdu, Sichuan province,…