By The Street, Contributor David Einhorn of hedge fund Greenlight Capital Management continues to hold an over $1 billion stake in (AAPL) as the long and short hedge fund braces for the prospect of a global market correction. …read more
Source: FULL ARTICLE at Forbes Latest
By GuruFocus, Contributor David Einhorn’s Greenlight Capital letter surfaced last week, condensing holdings performance, short positions, new and closed long positions of the quarter and his market assessment. With the hedge fund manager’s initial victory wrangling Apple (AAPL) into sharing more cash with shareholders evening out as threat of competition and market saturation injected fear into the stock, and a market-performing short portfolio dragging down gains from a market-beating long portfolio, Einhorn added a 1.2% net gain to bring the year to date total to 7.1%. …read more
Source: FULL ARTICLE at Forbes Latest
By Tim Worstall, Contributor David Einhorn has rather been doing the victory dance over his winning the suit against Apple. But what’s he’s actually won is really rather trivial: simply a ruling that Apple must change the form of a proxy resolution. He most certainly hasn’t won an agreement from the company that it will distribute more to shareholders which is his real aim. …read more
Source: FULL ARTICLE at Forbes Latest
David Einhorn, a very rich man, apparently has declared that the sun is setting on Apple’s high growth rates. …read more
Source: FULL ARTICLE at Forbes Latest
