David Einhorn: Growth Has Knocked The Stuffing Out Of Value Last Three Years (106% vs. 17%) | Value Investing News

David Einhorn: Growth Has Knocked The Stuffing Out Of Value Last Three Years (106% vs. 17%)

  • In David Einhorn’s most recent investor letter (Q4 2019) he highlights the fact that Greenlight Capital Funds have returned 13.8% in 2019 compared to 31.5% for the S&P 500.
  • our short portfolio lost 20.1% and macro added 1.5% to the returns before fees.
  • Growth stocks in general underperformed.
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