David Einhorn

The firm’s flagship long-short fund is close to break-even for the year despite more losses from several high-profile short positions.
Investors in General Motors ran David Einhorn’s proxy proposal off the road and into a ditch, rejecting his plan to divide the car maker’s stock into two classes.
David Einhorn’s flagship fund has been badly hurt by its short book all year and has swung back into negative territory.
Several of the firm’s short positions, including its so-called bubble basket holdings and Tesla, continue to undermine returns.
The hedge fund headed by David Einhorn posted big gains in its long book but was hurt by its short positions.
The firm’s hedge funds still fell way short of their high-water mark, but they managed to turn in a better year than their disastrous 2015.
David Einhorn’s hedge fund firm surged in October, while the benchmark equity index sagged.
Einhorn’s flagship fund trimmed its gains for the year after posting two straight months of declines. An analysis of the fund’s portfolio reveals what likely drove the losses.