Einhorn’s Greenlight Extends Decline to 34% in Worst Year

(Bloomberg) David Einhorn closed out 2018 with his biggest annual loss ever for the 22-year-old Greenlight Capital.The firm’s main hedge fund fell 9 percent in December, extending this year’s decline to 34 percent, according to an investor update viewed by Bloomberg. Greenlight posted some of the industry’s best returns in its early years, but has stumbled since losing more than 20 percent in 2015.

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