Einhorn’s Greenlight Continues to Lag Market
David Einhorn’s Greenlight Capital continues to struggle this year. The hedge fund manager, who ran nearly $7.9 billion at year-end, did not fully participate in the stock market’s surge in the second half of April.
Stephen Taub
May 2, 2011
David Einhorn, president of Greenlight Capital Inc., speaks during a Bloomberg television interview in New York, U.S., on Thursday, Dec. 16, 2010. A takeover of St. Joe Co., the largest private landholder in northern Florida, is unlikely because the company's financial condition would make financing a leveraged acquisition "very tough," said Einhorn, who is short the shares. Photographer: Jonathan Fickies/Bloomberg *** Local Caption *** David Einhorn
Jonathan Fickies/Bloomberg
