Hedge Fund News From HedgeCo.Net

A Hedge Fund Manager’s Latest Bet: The Mets

New York Times  – David Einhorn made his name on Wall Street by selling short. Famously, he bet against Lehman Brothers’ stock several months before the famed brokerage collapsed.

But Mr. Einhorn — one of a handful of hedge fund managers followed by investors looking for the next smart play — insists that he spends far more time trolling through the bargain bin, looking for companies with potential that others have dismissed, then betting on their long-term revival.

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