What Drove Greenlight’s Stellar Performance in 2022

A look under the hood reveals that shorting wasn’t the only reason why David Einhorn enjoyed his best year for delivering alpha.

David Einhorn (Kholood Eid/Bloomberg)

David Einhorn

(Kholood Eid/Bloomberg)

Greenlight’s excellent 2022 is no secret to the readers of Institutional Investor, which chronicled the performance on a monthly basis last year.

As II reported, the value-driven hedge fund firm headed by David Einhorn generated a stunning 36.6 percent gain for the year, thanks to its overall bearish stance on the global stock market.

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