David Einhorn
David Einhorn
Hedge fund manager who co-founded Greenlight Capital. He became well-known for prescient bets on Allied Capital and Lehman Brothers.
NationalityAmerican
ProfessionEntrepreneur
Date of Birth20 November 1968
CountryUnited States of America
bed dinner family goal home hours kids late morning nine rather reading six sleep three time
My goal is to get home every day in time for dinner with the family - and then we play with the kids for a while, and then I go to bed around the time they do and sleep from nine to three or nine to four. It's the same six hours everyone else gets. I'd just rather do my e-mails and my reading in the morning rather than late at night, that's all.
bet microsoft
There's more at risk in what happens in Microsoft than I could ever bet on a poker table.
work
I've got a fantasy-baseball team with my brother. But I have to admit, he does all the work.
jobs figures should
As an investor my job is to figure out what will happen rather than what should happen.
book mean simple
One of the best investors around, Joel Greenblatt, has written a popular, charming and funny book about investing in great companies at low P/E multiples. To simplify an already simple book, great companies are generally measured as companies that can generate lots of profit without requiring a lot of capital. This means that they have high ROEs.
loss luck analysis
The loss was not bad luck. It was bad analysis.
running people giving
When people ask me what I do for a living, I generally tell them 'I run a hedge fund.' The majority give me a strange look, so I quickly add, 'I am a money manager.' When the strange look persists, as it often does, I correct it to simply, 'I'm an investor.' Everyone knows what that is.
nice long leader
I will keep a substantial long exposure to gold -- which serves as a Jelly Donut antidote for my portfolio. While I'd love for our leaders to adopt sensible policies that would reduce the tail risks so that I could sell our gold, one nice thing about gold is that it doesn't even have quarterly conference calls.
jobs names wife
When you leave a good job to go off on your own and don't expect to make money for a while, you name the firm whatever your wife says you should.
facts psychological certain
You have a certain set of facts and you are looking for situations where you have an edge, whether the edge is psychological or statistical.
disappointment smart opportunity
Microsoft has one more shot at a role in smart phone software through its deployment on Nokia phones. Nokia is still the global market share leader in cell phones. Maybe it will work out, but this is hard to envision great success in the area coming on the heels of so much disappointment in missed opportunity in this important and visible category.
baseball brother team
Ive got a fantasy-baseball team with my brother. But I have to admit, he does all the work.
challenges needs microsoft
Microsoft could help Facebook with one of the biggest challenges, namely monetizing its traffic without reducing the user's experience. It's obvious that Microsoft needs traffic and Facebook needs search.