Einhorn Says in a Word If He Shifted Bets for Election: ‘No’

(Bloomberg) Hedge fund manager David Einhorn opted against shifting his portfolio to prepare for market volatility tied to the results of U.S. elections.Asked in a conference call Tuesday if he made any “tactical moves” to prepare for the eventual outcome, Einhorn answered: “No.”

“I’m sure it matters to a lot of the holdings. It’s not clear when it matters to the portfolio as a whole, however,” Einhorn said on a conference call discussing results for Greenlight Capital Re Ltd., the Cayman Islands-based reinsurer where he is chairman.

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