The market has entered the 'fartcoin' stage of the cycle, says billionaire investor who's staying out of crypto
"It's anyone's guess as to what will happen next, but it feels like it's going to be wild," the Greenlight Capital founder David Einhorn said.
David Einhorn says we have reached the 'Fartcoin' stage of the market cycle
"We have reached the 'Fartcoin' stage of the market cycle," Einhorn wrote in an investor letter obtained by CNBC.
Einhorn says the market is at the fartcoin stage of the cycle. His fund bought Peloton and made these moves.
David Einhorn’s Greenlight Capital is keeping Big Tech at arm’s length, along with crypto. Here’s what the hedge fund has been buying lately.
Greenlight Capital's David Einhorn says U.S. markets have reached 'Fartcoin' stage
"We have reached the 'Fartcoin' stage of the market cycle," Greenlight Capital founder Einhorn said in a letter to partners dated Tuesday. Read more here.
Why David Einhorn believes ‘we’ve entered the ‘Fartcoin’ stage of the market cycle’
Greenlight Capital’s David Einhorn believes the current bull market has taken speculative behavior to absurd levels. “We’ve entered the ‘Fartcoin’ stage of the market cycle,” Einhorn wrote in an investor letter as reported by CNBC.
Bull Market Enters 'Fartcoin Stage,' Says Greenlight Capital Exec
Greenlight Capital's David Einhorn called the current bull market cycle the "Fartcoin stage," highlighting the memecoin. Fartcoin reached a nearly $2 billion valuation after the election of President Trump,
Einhorn Doubles Down on Handbag Maker Capri After Takeover Deal Scuttled
When a US judge unexpectedly blocked Capri Holdings Ltd.’s takeover by rival Tapestry Inc. in October, stunned hedge fund managers ran for the exits as the handbag maker’s stock plunged. For ...
Business Insider India1y
HERE IT IS: David Einhorn's Massive Presentation On What Apple Should Do
...We know they embrace innovation and can recognize it when they see it, even if it isn’t the kind of innovation people usually think of when they think of Apple. We hope Apple agrees with us ...
Greenlight started ‘medium-sized’ CNH position, ‘small’ position in Centene
In its quarterly letter to investors, David Einhorn’s Greenlight Capital disclosed that the firm established a new “medium-sized position” in ...
Institutional Investor1d
Greenlight Posted Its Weakest Results in the Past Four Years
Although Greenlight is best known as a long-short value-driven firm, its macro book made the largest contribution to net ...
The Financial Times14d
The Lamentation of David Einhorn
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Greenlight Capital’s David Einhorn has long been talking about how markets are “fundamentally broken”, but he ...
5 things to know before the stock market opens Wednesday
A United Airlines airplane proceeds to a runway at Newark Liberty International Airport in front of the skyline of lower ...
CNH Industrial gains as Greenlight letter mentions; added to Capri position (update)
Adds more details from letter. Centene Corp. (NYSE:CNC) and CNH Industrial (NYSE:CNH) were added as new positions at David Einhorn's Greenlight Capital hedge fund in the second half of last year.