(CNBC) David Einhorn’s Greenlight Capital suffered its worst performance ever relative to the S&P 500 last month. “As the market shifted from ‘grind-up’ to ‘straight-up’ in January, our long portfolio only rose about half of S&P 500, while our short portfolio more than doubled the index,” Einhorn said on a conference call Wednesday. Shorts refer to bets against market gains.
Greenlight Capital’s David Einhorn Says Hedge Fund Has ‘Never Underperformed Like This’
This entry was posted in Syndicated. Bookmark the permalink.