October Surprise: Einhorn’s Greenlight Capital Posts Profitable Month

The embattled hedge fund manager finally reaps big gains from his high-profile short bets.

Illustration by II

Illustration by II

There’s finally some good news for David Einhorn’s Greenlight Capital.

The reeling long-short hedge fund firm actually made money in October, gaining 1.2 percent for the month in its flagship fund. Still, this just trims the fund’s loss for the year to 25 percent.


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