Investors interested in the strategies of David Einhorn and
David Tepper may want to note that their top holding, According to MSN.com Apple is trading close to
its 52-week low, and less than the average price either of the two managers
paid for their shares.
David Einhorn, famous
for the performance of his Greenlight Capital hedge fund, began buying the
company in the second quarter of 2010, reporting in his annual letter that he
paid an average purchase price of $248.09 per share. At the time, Einhorn noted
his interest in its $40 per share in cash, the fact that it had not penetrated
its markets, and its potential, albeit slower, future growth.
After numerous purchases since, he reported owning a holding
of 1,307,006 shares at the end of the fourth quarter. The size places it at the
top of his holdings list, comprising 10.9% of his entire stock portfolio….
Wait...wait...there's more at http://money.msn.com/top-stocks/post.aspx?post=417620da-62f7-4304-82bd-3382c90753a9
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