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.
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.
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.
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.
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.
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,
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 ...
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 ...
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”, ...
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 ...
Greenlight Capital’s Q4 2024 Investor Letter
Greenlight Capital, an investment management firm, released its fourth-quarter 2024 investor letter. In 2024, the Greenlight Capital funds returned 7.2% net of fees and expenses, compared to 25.0% for ...
Forbes2y
David Einhorn Is Winning Big By Being Bearish On Stocks And Bullish On Inflation
Jacob Wolinsky covers hedge funds and emerging managers. David Einhorn's Greenlight Capital returned 4% net for the third quarter, bringing its year-to-date return to an impressive 17.7% at a ...
Greenlight owns MicroStrategy as arbitrage play on single-stock ETFs
David Einhorn’s Greenlight Capital said in its quarterly letter that it established a new arbitrage position by shorting bitcoin-levered ...