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Einhorn's Worst Year Ever: Greenlight Losses Swell To 26%

TedTed
in The Bullpen
FYI: Greenlight Capital, the hedge fund led by David Einhorn, lost 1.3 percent in September as U.S. stocks edged higher.

Greenlight’s main fund declined 26.1 percent in the first three quarters of 2018, on pace for its worst year on record, according to an investor update viewed by Bloomberg on Friday. Einhorn’s value-investing strategy is lagging the S&P 500 Index, which has returned 10.6 percent in the same period, including reinvested dividends. The HFRX Global Hedge Fund Index, an early indicator of hedge fund performance, fell 1.3 percent this year through Sept. 27.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-09-29/losses-at-einhorn-s-greenlight-swell-to-26-in-worst-year-ever?srnd=premium
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