Billionaire hedge fund hot-shot David Einhorn, the founder
of Greenlight Capital who is famous for publicly shorting Lehman Brothers
before the bank's demise, disclosed the fund's latest moves in a letter to
investors. Here's a round up from businessinsider:
"Some of the biggest winners from the first quarter,
including Arkema (France: AKE), General Motors...
(GM) and our Yen position, were among our biggest losers in
the second quarter," the letter said.
Marvell Technology was another "significant loser"
for Greenlight, according to the letter.
"Most of our gains in the quarter came from the short
portfolio. The biggest winner was Green Mountain Coffee Roasters (GMCR), which
fell from $46.84 to $21.78 per share," the Greenlight investor letter
said. Greenlight added that two other
undisclosed short positions "made material contributions" during the
quarter…..
Read more:
http://www.businessinsider.com/david-einhorn-2012-7#ixzz21c5X3ZGU
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