David Einhorn Is Making a Big New Bet. Will It Be Another Debacle?

The Greenlight founder joins Paul Tudor Jones and Russell Clark in betting on inflation. But some of his other major wagers of the past few years have flopped.

David Einhorn (Christopher Goodney/Bloomberg)

David Einhorn

(Christopher Goodney/Bloomberg)

David Einhorn’s Greenlight is the latest hedge fund firm positioning its portfolio for a rise in inflation.

In its second-quarter letter, dated August 4 and obtained by Institutional Investor, Greenlight elaborated on the many ways it is playing this anticipated development. In making this bet, Greenlight joins other high-profile hedge funds that include Paul Tudor Jones II’s Tudor Investment Corp.

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