(via www.valueinvestinghq.com)
David Einhorn of Greenlight Capital announced yesterday that the Greenlight Capital L.P. fund returned 9.7% for the fourth quarter of 2011, bringing his full-year returns to 2.9%. Since Greenlight’s inception in May 1996, it has returned 10% annualized, net of fees and expenses At the same time, he initiated new positions in Dell (DELL) and Xerox (XRX).
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