September 17, 2011

David Einhorn is buying stocks

The hedge fund manager David Einhorn founded the hedge fund Greenlight Capital with $1 million in 1996. The hedge fund is long-short, value-oriented and it has generated more than a 20 percent annualized net return for its partners and investors. David Einhorns is famous for forecasting that Lehman Brothers was about to collapse. He did have a short position when Lehman Brothers finally collapsed in 2008.


Greenlight Capital bought some stocks in Q2 2011 so they probably have a small loss at the moment because of the current bear market. They bought 9 stocks:
  1. Best Buy Company
  2. Apple
  3. Ingram Micro
  4. Microsoft
  5. Seagate Technology
  6. Huntington Ingalls
  7. Marathon Oil
  8. Aeropostale
  9. State Bank Finl

Source: Seeking Alpha