David Einhorn’s Letter to Investors

David Einhorn of Greenlight Capital has published his Q4 letter. In 2009, Greenlight’s three funds returned 36.9%, 33.7%, and 30.6%, respectively. Since inception in 1996, the fund has returned 1,397% cumulative, or 22% annualized, both net of fees and expenses. Einhorn’s latest letter can be found HERE.

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