FILE PHOTO: David Einhorn, President, Greenlight Capital, Inc. speaks during the 2019 Sohn Investment Conference in New York City, U.S., May 6, 2019. REUTERS/Brendan McDermid
Einhorn, who runs Greenlight Capital, wrote in a letter “we are in the midst of an enormous tech bubble,” but noted “September 2, 2020 was the top and the bubble has already popped.” Reuters saw a copy of the letter. Einhorn, who made a timely call against Lehman Brothers just months before the bank collapsed, said he prematurely identified what he thought was a bubble in 2016. He announced his first bubble basket -- including bets against high flyers like Tesla and Amazon -- years ago. Now, he says, “there is a consensus that there is a bubble.”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Einhorn is Finkle.
here comes another hedge fund guy, talking his book to spook the markets cnbc will run this all day every day
Then proceeds to buy the dip
I disagree and the current market data doesn't bare this opinion out very well!
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Greenlight Capital's David Einhorn just called the top in stocks, and gave 10 reasons why tech is in a bubble | Markets InsiderThat’s a great article making me think that at least I am not alone. Although it seems I agree with one of the recently most unsuccessful investors which I am not sure is a good thing
Source: BusinessInsider - 🏆 729. / 51 Read more »
Earnings season is repeating a tech-bubble trend filled with counterintuitive market reactions, Bank of America says | Markets InsiderIt’s literally a tech bubble every year since 2013
Source: BusinessInsider - 🏆 729. / 51 Read more »
US stocks close mixed as tech surge battles against industrial sell-off | Currency News | Financial and Business News | Markets InsiderHello, guys I'm video promoter. I'm Expert in YouTube promotion, Spotify Promotion, Soundcloud promotion, Tiktok promotion and Social media any side. Please give me one chance. I will try my best service for you. This is my Fiverr gig link
Source: BusinessInsider - 🏆 729. / 51 Read more »
Cruise stocks drop as a surge in new COVID-19 cases sparks broad-market selloffThe stocks of cruise operators were hit hard Monday as a surge in new COVID-19 cases in the U.S. and abroad sparked fears that no-sail orders would be... تابعونى The carnival stock I bought in May looks to be a large mistake 😂 More lockdowns to come. Now is not a matter of stimulus its more to do with losses of economic activities
Source: MarketWatch - 🏆 3. / 97 Read more »