In the real world, illiquid assets carry a discount.
I will keep a substantial long exposure to gold -- which serves as a Jelly Donut antidote for my portfolio. While I'd love for our leaders to adopt s… - David Einhorn
I will keep a substantial long exposure to gold -- which serves as a Jelly Donut antidote for my portfolio. While I'd love for our leaders to adopt s…
- David Einhorn
When you leave a good job to go off on your own and don't expect to make money for a while, you name the firm whatever your wife says you should. - David Einhorn
When you leave a good job to go off on your own and don't expect to make money for a while, you name the firm whatever your wife says you should.
In the real world, illiquid assets carry a discount. - David Einhorn
The loss was not bad luck. It was bad analysis. - David Einhorn
The loss was not bad luck. It was bad analysis.
Microsoft could help Facebook with one of the biggest challenges, namely monetizing its traffic without reducing the user's experience. It's obvious … - David Einhorn
Microsoft could help Facebook with one of the biggest challenges, namely monetizing its traffic without reducing the user's experience. It's obvious …
You have a certain set of facts and you are looking for situations where you have an edge, whether the edge is psychological or statistical. - David Einhorn
You have a certain set of facts and you are looking for situations where you have an edge, whether the edge is psychological or statistical.
When people ask me what I do for a living, I generally tell them 'I run a hedge fund.' The majority give me a strange look, so I quickly add, 'I am a… - David Einhorn
When people ask me what I do for a living, I generally tell them 'I run a hedge fund.' The majority give me a strange look, so I quickly add, 'I am a…
A 99% Value-at-Risk calculation does not evaluate what happens in the last one percent... This is like an airbag that works all the time, except when… - David Einhorn
A 99% Value-at-Risk calculation does not evaluate what happens in the last one percent... This is like an airbag that works all the time, except when…
As an investor my job is to figure out what will happen rather than what should happen. - David Einhorn
As an investor my job is to figure out what will happen rather than what should happen.
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